Alexion Earnings, Revenue beat In Q1

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Alexion Earnings, Revenue beat In Q1
Credit: © Reuters.

Investing.com - Alexion (NASDAQ: ALXN ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Alexion announced earnings per share of $3.22 on revenue of $1.44B. Analysts polled by Investing.com anticipated EPS of $2.7 on revenue of $1.36B. That with comparison to EPS of $2.39 on revenue of $1.14B in the same period a year before.Alexion had reported EPS of $2.71 on revenue of $1.38B in the previous quarter.Analysts are expecting EPS of $2.71 and revenue of $1.37B in the upcoming quarter.

Alexion shares are down 9.15% from the beginning of the year and are trading at $98.25 , down-from-52-week-high.They are outperforming the S&P 500 which is down 11.6% year to date.

Alexion follows other major Healthcare sector earnings this month

Alexion's report follows an earnings beat by J&J on Tuesday, April 14, 2020, who reported EPS of $2.3 on revenue of $20.69B, compared to forecasts EPS of $2.02 on revenue of $19.73B.

Pfizer had beat expectations on Tuesday, April 28, 2020 with first quarter EPS of $0.8 on revenue of $12.03B, compared to forecast for EPS of $0.73 on revenue of $11.81B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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