Investing.com - MorphoSys ADR reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
MorphoSys ADR announced earnings per share of $-0.6515 on revenue of $35.48M. Analysts polled by Investing.com anticipated EPS of $-0.7305 on revenue of $36.9M.
MorphoSys ADR shares are up 55% from the beginning of the year and are trading at $22.62 , down-from-52-week-high.They are outperforming the Nasdaq which is up 4.43% from the start of the year.
MorphoSys ADR follows other major sector earnings this month
MorphoSys ADR's report follows an earnings beat by HSBC Holdings PLC ADR on February 23, who reported EPS of $0.09 on revenue of $11.82B, compared to forecasts EPS of $0.042 on revenue of $11.38B.
Iberdrola SA had matched expectations on February 24 with fourth quarter EPS of $1.58 on revenue of $10.88B, compared to forecast for EPS of $1.58 on revenue of $12.08B.
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