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 €1.73 on revenue of €10.12B. Analysts polled by Investing.com anticipated EPS of €1.64 on revenue of €9.89B.
Sanofi shares are up 14% from the beginning of the year, still down 7.43% from its 52 week high of €106.66 set on April 11. They are outperforming the STOXX 600 which is down 11.52% from the start of the year.
Sanofi shares lost 0.03% in intra-day trade following the report.
Sanofi follows other major Healthcare sector earnings this month
Sanofi's report follows an earnings missed by Sartorius Stedim on July 21, who reported EPS of €2.19 on revenue of €861.8M, compared to forecasts EPS of €2.87 on revenue of €854.7M.
Pixium Vision had missed expectations on July 22 with second quarter EPS of €-0.12 on revenue of €1M, compared to forecast for EPS of €-0.05 on revenue of €490K.
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