Morphosys AG earnings miss, Revenue beats in Q2

  • Investing.com
Morphosys AG earnings miss, Revenue beats in Q2
Credit: © Reuters.

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

Morphosys AG announced earnings per share of €-6.88 on revenue of €59.4M. Analysts polled by Investing.com anticipated EPS of €-2.02 on revenue of €57.95M.

Morphosys AG shares are down 31% from the beginning of the year and are trading at €22.810 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.15% year to date.

Morphosys AG follows other major Healthcare sector earnings this month

Morphosys AG's report follows an earnings missed by Siemens Healthineers on Wednesday, who reported EPS of €0.43 on revenue of €5.19B, compared to forecasts EPS of €0.4789 on revenue of €5.05B.

Sartorius AG VZO had matched expectations on Thursday, July 21, 2022 with second quarter EPS of €2.44 on revenue of €1.04B, compared to forecast for EPS of €2.44 on revenue of €1.04B.

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