Investing.com - Globus Medical reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Globus Medical announced earnings per share of $0.50 on revenue of $254.15M. Analysts polled by Investing.com EPS of $0.52 on revenue of $253.46M.
Globus Medical 's are down 16% and is trading at $64.29 , still down 21.39% from its 52 week high of $81.78 set on Thursday, April 21, 2022.
Globus Medical follows other major Healthcare sector earnings this month
Globus Medical's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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