Investing.com - Zymeworks reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Zymeworks announced earnings per share of $-0.66 on revenue of $2.6M. Analysts polled by Investing.com anticipated EPS of $-0.89 on revenue of $5.55M.
Zymeworks shares are down 35% from the beginning of the year and are trading at $7.40 , down-from-52-week-high.
Zymeworks follows other major Healthcare sector earnings this month
Zymeworks's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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