Vertex (NASDAQ:VRTX) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.23 on revenue of $949.8M. Analysts polled by anticipated EPS of $1.16 on revenue of $952.28M. That compared to EPS of $1.09 on revenue of $783.86M in the same period a year earlier. The company had reported EPS of $1.26 on revenue of $941.28M in the previous quarter.
Vertex shares lost 1.04% to trade at $197.31 in after-hours trade following the report.
Vertex follows other major Healthcare sector earnings this month
On October 15, J&J reported third quarter EPS of $2.12 on revenue of $20.73B, compared to forecasts of EPS of $2.01 on revenue of $20.08B.
Merck&Co earnings beat analysts' expectations on Tuesday, with third quarter EPS of $1.51 on revenue of $12.4B. analysts expected EPS of $1.24 on revenue of $11.65B
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