Investing.com - Sanofi (EPA:SASY) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sanofi announced earnings per share of €1.94 on revenue of €10.05B. Analysts polled by Investing.com anticipated EPS of €1.77 on revenue of €9.48B.
Sanofi shares are up 15% from the beginning of the year and are trading at €102.48 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 11.69% from the start of the year.
Sanofi shares lost 0.83% in intra-day trade the report.
Sanofi follows other major Healthcare sector earnings this month
Sanofi's report follows an earnings missed by Sartorius Stedim on Thursday, April 21, 2022, who reported EPS of €2.21 on revenue of €862.5M, compared to forecasts EPS of €2.51 on revenue of €790.85M.
Genfit had beat expectations on Thursday, April 7, 2022 with first quarter EPS of €0.94 on revenue of €82.15M, compared to forecast for EPS of €-0.79 on revenue of €3.90M.
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