Investing.com - Vertex (NASDAQ:VRTX) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vertex announced earnings per share of $3.37 on revenue of $2.07B. Analysts polled by Investing.com anticipated EPS of $3.29 on revenue of $2B.
Vertex shares are down 0% from the beginning of the year, still down 6.36% from its 52 week high of $241.98 set on January 26, 2021. They are outperforming the Nasdaq which is down 13.44% from the start of the year.
Vertex follows other major Healthcare sector earnings this month
Vertex's report follows an earnings beat by J&J on Tuesday, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
UnitedHealth had beat expectations on January 19 with fourth quarter EPS of $4.48 on revenue of $73.74B, compared to forecast for EPS of $4.3 on revenue of $72.98B.
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