Investing.com - Viatris reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Viatris announced earnings per share of $-0.23 on revenue of $4.58B. Analysts polled by Investing.com anticipated EPS of $0.8723 on revenue of $4.4B.
Viatris shares are down 23.96% from the beginning of the year and are trading at $14.25 , down-from-52-week-high.They are under-performing the Nasdaq which is up 15.11% from the start of the year.
Viatris follows other major Healthcare sector earnings this month
Viatris's report follows an earnings beat by J&J on Wednesday, July 21, 2021, who reported EPS of $2.48 on revenue of $23.31B, compared to forecasts EPS of $2.29 on revenue of $22.49B.
Eli Lilly had missed expectations on Tuesday, August 3, 2021 with second quarter EPS of $1.87 on revenue of $6.74B, compared to forecast for EPS of $1.89 on revenue of $6.6B.
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