Investing.com - Fresenius SE (DE:FREG) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fresenius SE announced earnings per share of €0.77 on revenue of €8.92B. Analysts polled by Investing.com anticipated EPS of €0.76 on revenue of €8.98B.
Fresenius SE shares are down 36% from the beginning of the year and are trading at €31.755 , down-from-52-week-high.They are under-performing the DAX which is down 12.99% from the start of the year.
Fresenius SE shares gained 0.83% in intra-day trade the report.
Fresenius SE follows other major Healthcare sector earnings this month
Fresenius SE's report follows an earnings beat by Fresenius ST on Friday, who reported EPS of €1.21 on revenue of €4.41B, compared to forecasts EPS of €1.14 on revenue of €4.56B.
Qiagen had beat expectations on Tuesday with third quarter EPS of €0.49 on revenue of €408.86M, compared to forecast for EPS of €0.47 on revenue of €392.9M.
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