Investing.com - Amarin reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Amarin announced earnings per share of $-0.03 on revenue of $142M. Analysts polled by Investing.com anticipated EPS of $-0.0322 on revenue of $161.84M.
Amarin shares are down 1.43% from the beginning of the year and are trading at $4.820 , down-from-52-week-high.They are under-performing the Nasdaq which is up 21.43% from the start of the year.
Amarin follows other major Healthcare sector earnings this month
Amarin's report follows an earnings beat by J&J on October 19, who reported EPS of $2.6 on revenue of $23.34B, compared to forecasts EPS of $2.35 on revenue of $23.64B.
Thermo Fisher Scientific had beat expectations on October 27 with third quarter EPS of $5.76 on revenue of $9.33B, compared to forecast for EPS of $4.68 on revenue of $8.38B.
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