Investing.com - Qiagen reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Qiagen announced earnings per share of $0.7511 on revenue of $590.02M. Analysts polled by Investing.com anticipated EPS of $0.6223 on revenue of $517.81M.
Qiagen shares are down 15% from the beginning of the year and are trading at $41.530 , down-from-52-week-high.They are under-performing the DAX which is down 13.4% from the start of the year.
Qiagen follows other major Healthcare sector earnings this month
Qiagen's report follows an earnings beat by Sartorius AG VZO on Thursday, who reported EPS of $2.44 on revenue of $1.02B, compared to forecasts EPS of $2.26 on revenue of $955.09M.
Sartorius AG had beat expectations on Thursday with first quarter EPS of $2.44 on revenue of $1.02B, compared to forecast for EPS of $2.26 on revenue of $955.09M.
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