Investing.com - Smith&Nephew SNATS reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Smith&Nephew SNATS announced earnings per share of $0.36 on revenue of $1.35B. Analysts polled by Investing.com anticipated EPS of $1.08 on revenue of $1.38B.
Smith&Nephew SNATS shares are down 0.26% from the beginning of the year, still down 22.35% from its 52 week high of $44.47 set on May 26, 2021. They are broadly in line with 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 25, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
Roche Holding ADR had matched expectations on February 3 with fourth quarter EPS of $1.29 on revenue of $17.54B, compared to forecast for EPS of $1.29 on revenue of $17.1B.
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