Investing.com - Taiwan Liposome ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Taiwan Liposome ADR announced earnings per share of $-0.19 on revenue of $2.31M. Analysts polled by Investing.com anticipated EPS of $-0.13 on revenue of $537K.
Taiwan Liposome ADR shares are down 15.43% from the beginning of the year and are trading at $4.55 , down-from-52-week-high.They are under-performing the Nasdaq which is up 23.75% from the start of the year.
Taiwan Liposome ADR shares lost 2.99% in intra-day trade the report.
Taiwan Liposome ADR follows other major sector earnings this month
Taiwan Liposome ADR's report follows an earnings missed by HSBC Holdings PLC ADR on Tuesday, who reported EPS of $0.21 on revenue of $12.07B, compared to forecasts EPS of $0.24 on revenue of $12.09B.
Iberdrola SA had missed expectations on October 21 with third quarter EPS of $0.59 on revenue of $9.24B, compared to forecast for EPS of $0.66 on revenue of $7.74B.
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