Viatris Earnings, Revenue Miss in Q2
2022.08.08 14:51
Viatris Earnings, Revenue Miss in Q2
Investing.com – Viatris reported on Monday second quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
Viatris announced earnings per share of $0.26 on revenue of $4.12B. Analysts polled by Investing.com anticipated EPS of $0.8279 on revenue of $4.18B.
Viatris shares are down 28.09% from the beginning of the year, still down 37.63% from its 52 week high of $15.60 set on February 9. They are under-performing the S&P 500 which is down 13.03% from the start of the year.
Viatris follows other major Healthcare sector earnings this month
Viatris’s report follows an earnings beat by UnitedHealth on July 15, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on July 19 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
