Vertex earnings miss, Revenue beats in Q1

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Vertex earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - Vertex (NASDAQ: VRTX ) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Vertex announced earnings per share of $3.52 on revenue of $2.1B. Analysts polled by Investing.com anticipated EPS of $3.56 on revenue of $2.07B.

Vertex shares are up 21% from the beginning of the year and are trading at $266.37 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is down 21.26% year to date.

Vertex follows other major Healthcare sector earnings this month

Vertex's report follows an earnings beat by J&J on Tuesday, April 19, 2022, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.

UnitedHealth had beat expectations on Thursday, April 14, 2022 with first quarter EPS of $5.49 on revenue of $80.15B, compared to forecast for EPS of $5.36 on revenue of $78.73B.

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

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