Top Glove Corp Earnings, Revenue miss In Q4

Top Glove Corp Earnings, Revenue miss In Q4 - Top Glove Corp reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Top Glove Corp announced earnings per share of -0.01 on revenue of 990.1M. Analysts polled by anticipated EPS of 0.0093 on revenue of 1.5B.

Top Glove Corp shares are down 74% from the beginning of the year and are trading at 0.66 , down-from-52-week-high.

Top Glove Corp shares lost 7.09% in intra-day trade the report.

Top Glove Corp follows other major Healthcare sector earnings this month

Top Glove Corp's report follows an earnings beat by IHH Healthcare on Thursday, August 25, 2022, who reported EPS of 0.067 on revenue of 4.37B, compared to forecasts EPS of 0.0578 on revenue of 4.37B.

KPJ Healthcare had missed expectations on Monday, August 29, 2022 with second quarter EPS of 0.006 on revenue of 707.6M, compared to forecast for EPS of 0.0069 on revenue of 728.66M.

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