MorphoSys ADR earnings miss, Revenue beats in Q2

  • Investing.com
MorphoSys ADR earnings miss, Revenue beats in Q2

Investing.com - MorphoSys ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

MorphoSys ADR announced earnings per share of $-1.62 on revenue of $369.7M. Analysts polled by Investing.com anticipated EPS of $-0.48 on revenue of $11.32M.

MorphoSys ADR shares are down 2.61% from the beginning of the year and are trading at $37.00 , down-from-52-week-high.They are under-performing the Nasdaq which is up 22.58% year to date.

MorphoSys ADR shares gained 6.51% in after-hours trade the report.

MorphoSys ADR follows other major sector earnings this month

MorphoSys ADR's report follows an earnings beat by L’Oreal ADR on Thursday, July 30, 2020, who reported EPS of $3.82 on revenue of $6.92B, compared to forecasts EPS of $0.85 on revenue of $6.98B.

HSBC Holdings PLC ADR had missed expectations on Monday with second quarter EPS of $0.03 on revenue of $13.15B, compared to forecast for EPS of $0.27 on revenue of $13.29B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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