Investing.com - Sanofi (NASDAQ:SNY) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sanofi announced earnings per share of €1.22 on revenue of €9.38B. Analysts polled by Investing.com anticipated EPS of €1.14 on revenue of €9.72B.
Sanofi shares are up 2% from the beginning of the year, still down 16.16% from its 52 week high of €95.82 set on July 21, 2020. They are under-performing the S&P Global 100 which is up 3.42% from the start of the year.
Sanofi shares gained 1.92% in intra-day trade following the report.
Sanofi follows other major Healthcare sector earnings this month
Sanofi's report follows an earnings beat by Sartorius Stedim on January 27, who reported EPS of €1.14 on revenue of €530.6M, compared to forecasts EPS of €1.08 on revenue of €500.04M.
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