Biogen Inc (NASDAQ:BIIB) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $6.99 on revenue of $3.53B. Analysts polled by forecast EPS of $6.73 on revenue of $3.39B. That compared to EPS of $5.26 on revenue of $3.31B in the same period a year earlier. The company had reported EPS of $7.4 on revenue of $3.44B in the previous quarter.
Biogen Inc follows other major Healthcare sector earnings this month
On January 22, J&J reported fourth quarter EPS of $1.97 on revenue of $20.39B, compared to forecasts of EPS of $1.95 on revenue of $20.2B.
Abbott Labs earnings matched analyst's expectations on January 23, with fourth quarter EPS of $0.81 on revenue of $7.77B. analysts expected EPS of $0.81 on revenue of $7.81B
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