Investing.com - Smith&Nephew SNATS reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Smith&Nephew SNATS announced earnings per share of $0.51 on revenue of $4.56B. Analysts polled by Investing.com anticipated EPS of $0.99 on revenue of $1.34B.
Smith&Nephew SNATS shares are up 4.24% from the beginning of the year, still down 15.88% from its 52 week high of $52.26 set on February 20, 2020. They are outperforming the EUR/USD which is down 0% 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 January 26, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Roche Holding ADR had missed expectations on February 1 with fourth quarter EPS of $1.21 on revenue of $15.88B, compared to forecast for EPS of $1.28 on revenue of $16.45B.
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