Investing.com - Onconova Therapeutics (NASDAQ:ONTX) reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Onconova Therapeutics announced earnings per share of $-0.260 on revenue of $57K. Analysts polled by Investing.com anticipated EPS of $-0.213 on revenue of $73.67K.
Onconova Therapeutics shares are down 30% from the beginning of the year, still down 75.56% from its 52 week high of $3.60 set on November 15, 2021.
Onconova Therapeutics follows other major Healthcare sector earnings this month
Onconova Therapeutics's report follows an earnings beat by J&J on October 18, who reported EPS of $2.55 on revenue of $23.79B, compared to forecasts EPS of $2.48 on revenue of $23.36B.
Eli Lilly had beat expectations on November 1 with third quarter EPS of $1.98 on revenue of $6.94B, compared to forecast for EPS of $1.91 on revenue of $6.91B.
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