Investing.com - Smith&Nephew SNATS reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Smith&Nephew SNATS announced earnings per share of $0.13 on revenue of $2.04B. Analysts polled by Investing.com anticipated EPS of $1.00 on revenue of $836.19M.
Smith&Nephew SNATS shares are down 12% from the beginning of the year , still down 19.98% from its 52 week high of $52.26 set on February 20. They are under-performing the S&P 500 which is down 0.38% from the start of the year.
Smith&Nephew SNATS follows other major Healthcare sector earnings this month
Smith&Nephew SNATS's report follows an earnings beat by J&J on July 16, who reported EPS of $1.67 on revenue of $18.34B, compared to forecasts EPS of $1.49 on revenue of $17.61B.
Roche Holding ADR had beat expectations on July 23 with second quarter EPS of $1.45 on revenue of $15.27B, compared to forecast for EPS of $1.42 on revenue of $15.69B.
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