Investing.com - Regeneron Pharma (NASDAQ:REGN) reported first quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $4.45 on revenue of $1.71B. Analysts polled by Investing.com expected EPS of $5.48 on revenue of $1.77B. That compared to EPS of $4.67 on revenue of $1.51B in the same period a year earlier. The company had reported EPS of $6.84 on revenue of $1.93B in the previous quarter.
For the year, Regeneron Pharma shares are down 7.84%, under-performing the Nasdaq which is up 24.84% year to date.
Regeneron Pharma 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.
Pfizer earnings beat analyst's expectations on Tuesday, April 30, 2019, with first quarter EPS of $0.85 on revenue of $13.12B. Investing.com analysts expected EPS of $0.75 on revenue of $12.99B
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