Investing.com - Vertex (NASDAQ:VRTX) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vertex announced earnings per share of $3.6 on revenue of $2.2B. Analysts polled by Investing.com anticipated EPS of $3.49 on revenue of $2.13B.
Vertex shares are up 9% from the beginning of the year, still down 7.41% from its 52 week high of $296.84 set on July 11. They are outperforming the S&P 500 which is down 12.9% from the start of the year.
Vertex shares gained 0.71% in after-hours trade following the report.
Vertex follows other major Healthcare sector earnings this month
Vertex's report follows an earnings beat by UnitedHealth on July 15, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on July 19 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
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