Investing.com - Bayer (DE:BAYGN) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bayer announced earnings per share of €1.26 on revenue of €11.12B. Analysts polled by Investing.com anticipated EPS of €1.01 on revenue of €10.45B.
Bayer shares are up 10% from the beginning of the year and are trading at €52.08 , down-from-52-week-high.They are outperforming the S&P Global 100 which is down 5.57% from the start of the year.
Bayer shares gained 1.11% in intra-day trade the report.
Bayer follows other major Healthcare sector earnings this month
Bayer's report follows an earnings beat by Siemens Healthineers on Thursday, February 3, 2022, who reported EPS of €0.55 on revenue of €5.07B, compared to forecasts EPS of €0.505 on revenue of €4.9B.
Fresenius SE had beat expectations on Wednesday, February 23, 2022 with fourth quarter EPS of €0.94 on revenue of €9.97B, compared to forecast for EPS of €0.9025 on revenue of €9.89B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar