Investing.com - Bayer (ETR:BAYGN) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bayer announced earnings per share of €3.53 on revenue of €14.64B. Analysts polled by Investing.com anticipated EPS of €2.96 on revenue of €13.82B.
Bayer shares are up 24% from the beginning of the year and are trading at €58.58 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 17.15% from the start of the year.
Bayer shares lost 0.24% 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 Wednesday, May 4, 2022, who reported EPS of €0.67 on revenue of €5.46B, compared to forecasts EPS of €0.5486 on revenue of €5.02B.
Sartorius AG VZO had beat expectations on Thursday, April 21, 2022 with first quarter EPS of €2.44 on revenue of €1.02B, compared to forecast for EPS of €2.26 on revenue of €955.09M.
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