Investing.com - GlaxoSmithKline ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
GlaxoSmithKline ADR announced earnings per share of $0.47 on revenue of $7.8B. Analysts polled by Investing.com anticipated EPS of $0.93 on revenue of $8.24B.
GlaxoSmithKline ADR shares are down 24.15% from the beginning of the year and are trading at $34.19 , down-from-52-week-high.
GlaxoSmithKline ADR shares gained 2.21% in pre-market trade the report.
GlaxoSmithKline ADR follows other major Healthcare sector earnings this month
GlaxoSmithKline ADR's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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