Investing.com - Vir Biotech reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vir Biotech announced earnings per share of $1.30 on revenue of $374.6M. Analysts polled by Investing.com EPS of $-0.42 on revenue of $146.35M.
Vir Biotech 's are up 18% and is trading at $23.18 , still down 62.41% from its 52 week high of $58.00 set on Monday, December 20, 2021.
Vir Biotech shares gained 6.33% to trade at $23.18 in after-hours trade the report.
Vir Biotech follows other major Healthcare sector earnings this month
Vir Biotech's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, 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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