Investing.com - Fresenius Medical Care reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fresenius Medical Care announced earnings per share of €0.9 on revenue of €4.65B. Analysts polled by Investing.com anticipated EPS of €0.8755 on revenue of €4.58B.
Fresenius Medical Care shares are up 6% from the beginning of the year and are trading at €61.000 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 6.81% from the start of the year.
Fresenius Medical Care shares gained 3.67% in intra-day trade the report.
Fresenius Medical Care follows other major Healthcare sector earnings this month
Fresenius Medical Care's report follows an earnings beat by Siemens Healthineers on Thursday, February 3, 2022, who reported EPS of €0.55 on revenue of €5.07B, compared to forecasts EPS of €0.505 on revenue of €4.9B.
Sartorius AG VZO had matched expectations on Thursday, January 27, 2022 with fourth quarter EPS of €2.14 on revenue of €922.3M (NYSE:MMM), compared to forecast for EPS of €2.14 on revenue of €922.36M.
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