Investing.com - Monte Rosa Therapeutics reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that was in line with expectations.
Monte Rosa Therapeutics announced earnings per share of $-0.58 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.60 on revenue of $0.00.
Monte Rosa Therapeutics shares are down 4.96% from the beginning of the year, still down 69.81% from its 52 week high of $26.50 set on November 12, 2021.
Monte Rosa Therapeutics shares gained 5.26% in intra-day trade following the report.
Monte Rosa Therapeutics follows other major Healthcare sector earnings this month
Monte Rosa Therapeutics's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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