Investing.com - Lexicon reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Lexicon announced earnings per share of $-0.130 on revenue of $39K. Analysts polled by Investing.com anticipated EPS of $-0.139 on revenue of $100K.
Lexicon shares are down 29.95% from the beginning of the year and are trading at $1.960 , down-from-52-week-high.
Lexicon follows other major Healthcare sector earnings this month
Lexicon's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, 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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