Investing.com - Sanofi (PA:SASY) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sanofi announced earnings per share of €1.28 on revenue of €8.21B. Analysts polled by Investing.com anticipated EPS of €1.22 on revenue of €8.54B.
Sanofi shares are down 0% from the beginning of the year and are trading at €89.95 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.51% from the start of the year.
Sanofi shares gained 0.50% in intra-day trade the report.
Sanofi follows other major Healthcare sector earnings this month
Sanofi's report follows an earnings beat by Sartorius Stedim on Tuesday, July 21, 2020, who reported EPS of €0.95 on revenue of €447M, compared to forecasts EPS of €0.9 on revenue of €446.25M.
Adocia had matched expectations on Monday, July 20, 2020 with second quarter EPS of €-1.11 on revenue of €1.5M, compared to forecast for EPS of €-1.11 on revenue of €1.5M.
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