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Investing.com - Precision BioSciences reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Precision BioSciences announced earnings per share of $-0.22 on revenue of $7.36M. Analysts polled by Investing.com EPS of $-0.34 on revenue of $9.86M.
Precision BioSciences 's are down 35% and is trading at $1.26 , still down 88.42% from its 52 week high of $10.88 set on Thursday, November 11, 2021.
Precision BioSciences shares gained 1.61% to trade at $1.26 in intra-day trade the report.
Precision BioSciences follows other major Healthcare sector earnings this month
Precision BioSciences'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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