Investing.com - GN Store Nord reported on Saturday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
GN Store Nord announced earnings per share of kr2.72 on revenue of kr4.86B. Analysts polled by Investing.com anticipated EPS of kr2.19 on revenue of kr4.8B.
GN Store Nord shares are down 13.05% from the beginning of the year and are trading at kr220.5 , down-from-52-week-high.They are under-performing the OMXC20 which is down 9.04% from the start of the year.
GN Store Nord follows other major Healthcare sector earnings this month
GN Store Nord's report follows an earnings beat by Coloplast on August 17, who reported EPS of kr6.14 on revenue of kr5.85B, compared to forecasts EPS of kr5.92 on revenue of kr5.74B.
Demant had beat expectations on August 15 with second quarter EPS of kr5.04 on revenue of kr4.89B, compared to forecast for EPS of kr4.91 on revenue of kr5.02B.
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