Vertex earnings, Revenue beat in Q1

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Vertex earnings, Revenue beat in Q1
Credit: © Reuters.

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

Vertex announced earnings per share of $2.98 on revenue of $1.72B. Analysts polled by Investing.com anticipated EPS of $2.7 on revenue of $1.66B.

Vertex shares are down 10% from the beginning of the year and are trading at $211.91 , down-from-52-week-high.They are under-performing the S&P 500 which is up 12.13% 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 20, 2021, who reported EPS of $2.59 on revenue of $22.32B, compared to forecasts EPS of $2.34 on revenue of $21.98B.

Abbott Labs had beat expectations on Tuesday, April 20, 2021 with first quarter EPS of $1.32 on revenue of $10.46B, compared to forecast for EPS of $1.27 on revenue of $10.69B.

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

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