Investing.com - Sanofi (NASDAQ:SNY) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sanofi announced earnings per share of €1.38 on revenue of €8.6B. Analysts polled by Investing.com anticipated EPS of €1.29 on revenue of €8.55B.
Sanofi shares are up 19% from the beginning of the year, still down 3.20% from its 52 week high of €90.96 set on August 3, 2020. They are under-performing the AEX which is up 21% from the start of the year.
Sanofi shares gained 0.53% 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 July 21, who reported EPS of €1.85 on revenue of €696.7M, compared to forecasts EPS of €1.73 on revenue of €687.65M.
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