Investing.com - Galapagos (NASDAQ:GLPG) ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Galapagos ADR announced earnings per share of $-0.2 on revenue of $136.3M. Analysts polled by Investing.com anticipated EPS of $-0.8659 on revenue of $116.46M.
Galapagos ADR shares are up 8.34% from the beginning of the year, still down 26.37% from its 52 week high of $81.12 set on June 10, 2021. They are outperforming the Nasdaq which is down 21.27% from the start of the year.
Galapagos ADR follows other major Healthcare sector earnings this month
Galapagos ADR's report follows an earnings beat by J&J on April 19, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.
UnitedHealth had beat expectations on April 14 with first quarter EPS of $5.49 on revenue of $80.15B, compared to forecast for EPS of $5.36 on revenue of $78.73B.
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