Investing.com - Valneva SE reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Valneva SE announced earnings per share of $-0.14 on revenue of $81.23M. Analysts polled by Investing.com anticipated EPS of $0.60 on revenue of $116.96M.
Valneva SE shares are up 39.37% from the beginning of the year, still down 79.54% from its 52 week high of $67.84 set on November 29, 2021.
Valneva SE follows other major Healthcare sector earnings this month
Valneva SE's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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