Assembly Biosciences Earnings miss, Revenue Inline In Q3

  • Investing.com
Assembly Biosciences Earnings miss, Revenue Inline In Q3
Credit: © Reuters.

Investing.com - Assembly Biosciences reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.

Assembly Biosciences announced earnings per share of $-0.480 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.367 on revenue of $0.00.

Assembly Biosciences shares are down 16% from the beginning of the year and are trading at $1.370 , down-from-52-week-high.

Assembly Biosciences follows other major Healthcare sector earnings this month

Assembly Biosciences's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.

J&J had beat expectations on Tuesday, October 18, 2022 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.

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