Investing.com - Vertex (NASDAQ:VRTX) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.14 on revenue of $858.4M. Analysts polled by Investing.com expected EPS of $1.01 on revenue of $851.63M. That compared to EPS of $0.76 on revenue of $638.88M in the same period a year earlier. The company had reported EPS of $1.3 on revenue of $869.44M in the previous quarter.
For the year, Vertex shares are up 1.97%, under-performing the Nasdaq 100 which is up 25.53% year to date.
Vertex 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, with first quarter EPS of $0.85 on revenue of $13.12B. Investing.com analysts expected EPS of $0.75 on revenue of $13B
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