Investing.com - Hutchison China MediTech reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hutchison China MediTech announced earnings per share of $-0.36 on revenue of $106.8M. Analysts polled by Investing.com anticipated EPS of $-0.32 on revenue of $57.33M.
Hutchison China MediTech shares are up 11.05% from the beginning of the year and are trading at $27.84 , down-from-52-week-high.They are under-performing the Nasdaq which is up 17.5% from the start of the year.
Hutchison China MediTech follows other major sector earnings this month
Hutchison China MediTech's report follows an earnings missed by Iberdrola SA on Wednesday, July 22, 2020, who reported EPS of $0.42 on revenue of $8.16B, compared to forecasts EPS of $0.46 on revenue of $9.73B.
Atlas Copco ADR had beat expectations on Thursday, July 16, 2020 with second quarter EPS of $0.28 on revenue of $2.67B, compared to forecast for EPS of $0.24 on revenue of $2.34B.
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