Investing.com - Qiagen (NYSE:QGEN) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Qiagen announced earnings per share of $0.5621 on revenue of $472.16M. Analysts polled by Investing.com anticipated EPS of $0.5359 on revenue of $454.41M.
Qiagen shares are up 4% from the beginning of the year, still down 5.18% from its 52 week high of $46.95 set on October 13, 2020. They are outperforming the STOXX 600 which is up 2.85% from the start of the year.
Qiagen follows other major Healthcare sector earnings this month
Qiagen's report follows an earnings beat by Siemens AG on February 3, who reported EPS of $1.67 on revenue of $14.07B, compared to forecasts EPS of $1.17 on revenue of $13.31B.
Siemens Healthineers had beat expectations on February 1 with first quarter EPS of $0.49 on revenue of $3.87B, compared to forecast for EPS of $0.4132 on revenue of $3.71B.
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