Investing.com - Grifols ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Grifols ADR announced earnings per share of $0.2075 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.2309 on revenue of $1.46B.
Grifols ADR shares are down 6.56% from the beginning of the year, still down 17.87% from its 52 week high of $20.98 set on May 21, 2020. They are under-performing the Nasdaq which is up 7.81% from the start of the year.
Grifols ADR follows other major sector earnings this month
Grifols ADR's report follows an earnings beat by Industrial Commercial Bank of China on Thursday, who reported EPS of $0.7417 on revenue of $33.09B, compared to forecasts EPS of $0.6343 on revenue of $34.72B.
L’Oreal ADR had matched expectations on April 15 with first quarter EPS of $1.03 on revenue of $9.12B, compared to forecast for EPS of $1.03 on revenue of $9.23B.
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