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Vertex Earnings Beat Q3 Revenue by Investing.com


© Stocksak. Vertex Earnings and Revenue Beat in Q3

Vertex (NASDAQ) – Investing.com reported Thursday that the third quarter beat analysts’ predictions and that revenue exceeded expectations.

Vertex reported earnings per sen at $4.01 based on $2.33 billion in revenue. Investing.com polled analysts to predict EPS at $3.62 on revenues of $2.22B.

Vertex shares are up 31% since the beginning of the year but still down 9.03% from its 52-week high of $316.48 on October 26.

Vertex follows major earnings from the Healthcare sector this month

Vertex’s report comes after UnitedHealth reported EPS at $5.79 on revenue $80.9B on October 14th, while forecasts EPS at $5.43 on revenue $80.52B.

J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.

Keep up-to-date with all the upcoming earnings reports by visiting Investing.com.

News Source and Credit

Stocksak Editorial

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