Investing.com - Ascendis Pharma AS reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ascendis Pharma AS announced earnings per share of €-2.68 on revenue of €523K. Analysts polled by Investing.com anticipated EPS of €-1.57 on revenue of €1.69M.
Ascendis Pharma AS shares are down 0% from the beginning of the year and are trading at €143.99 , down-from-52-week-high.They are under-performing the Nasdaq which is up 1.4% from the start of the year.
Ascendis Pharma AS follows other major Healthcare sector earnings this month
Ascendis Pharma AS's report follows an earnings beat by Medtronic on Tuesday, February 23, 2021, who reported EPS of €1.29 on revenue of €7.78B, compared to forecasts EPS of €1.15 on revenue of €7.77B.
AstraZeneca ADR had missed expectations on Thursday, February 11, 2021 with fourth quarter EPS of €0.535 on revenue of €7.41B, compared to forecast for EPS of €0.5504 on revenue of €7.12B.
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