Investing.com - Bayer (DE:BAYGN) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bayer announced earnings per share of €1.61 on revenue of €10.85B. Analysts polled by Investing.com anticipated EPS of €1.54 on revenue of €10.15B.
Bayer shares are down 1% from the beginning of the year and are trading at €47.32 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 15.74% from the start of the year.
Bayer shares lost 4.88% 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, July 29, 2021, who reported EPS of €0.56 on revenue of €5B, compared to forecasts EPS of €0.4864 on revenue of €4.49B.
Sartorius AG VZO had beat expectations on Wednesday, July 21, 2021 with second quarter EPS of €2.02 on revenue of €838.1M, compared to forecast for EPS of €2 on revenue of €838.13M.
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