Stock market today: S&P 500 hits fresh record close on stronger economic growth
Investing.com - Nuwellis reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Nuwellis announced earnings per share of $-0.370 on revenue of $2.1M. Analysts polled by Investing.com EPS of $-0.410 on revenue of $2.46M.
Nuwellis 's are down 20% and is trading at $0.255 , still down 89.05% from its 52 week high of $2.21 set on Monday, November 8, 2021.
Nuwellis shares gained 5.37% to trade at $0.255 in pre-market trade the report.
Nuwellis follows other major Healthcare sector earnings this month
Nuwellis'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar