Investing.com - Bristol-Myers Squibb (NYSE:BMY) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.1 on revenue of $5.92B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $5.76B. That compared to EPS of $0.94 on revenue of $5.19B in the same period a year earlier. The company had reported EPS of $0.94 on revenue of $5.97B in the previous quarter.
For the year, Bristol-Myers Squibb shares are down 14.16%, under-performing the S&P 500 which is up 18.18% year to date.
Bristol-Myers Squibb follows other major Healthcare sector earnings this month
On Tuesday, April 16, 2019, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.
Novartis ADR earnings beat analyst's expectations on Wednesday, with first quarter EPS of $1.21 on revenue of $11.11B. Investing.com analysts expected EPS of $1.1 on revenue of $11.4B
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