Investing.com - Regeneron Pharma (NASDAQ:REGN) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Regeneron Pharma announced earnings per share of $8.36 on revenue of $2.29B. Analysts polled by Investing.com anticipated EPS of $6.97 on revenue of $2.08B.
Regeneron Pharma shares are up 56.37% from the beginning of the year, still down 11.66% from its 52 week high of $664.64 set on July 20. They are outperforming the S&P 500 which is up 6.58% from the start of the year.
Regeneron Pharma follows other major Healthcare sector earnings this month
Regeneron Pharma's report follows an earnings beat by J&J on October 13, who reported EPS of $2.2 on revenue of $21.08B, compared to forecasts EPS of $1.98 on revenue of $20.2B.
Pfizer had beat expectations on October 27 with third quarter EPS of $0.72 on revenue of $12.13B, compared to forecast for EPS of $0.71 on revenue of $12.31B.
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