Investing.com – Vertex (NASDAQ:) reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Vertex announced earnings per share of $2.56 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $1.82 on revenue of $1.27B. That with comparison to EPS of $1.14 on revenue of $858.29M in the same period a year before.Vertex had reported EPS of $1.7 on revenue of $1.26B in the previous quarter.Analysts are expecting EPS of $1.86 and revenue of $1.31B in the upcoming quarter.
Vertex shares are up 14% from the beginning of the year and are trading at $250.89 , down-from-52-week-high.They are outperforming the Nasdaq which is down 1.38% year to date.
Vertex follows other major Healthcare sector earnings this month
Vertex’s report follows an earnings beat by J&J on April 14, who reported EPS of $2.3 on revenue of $20.69B, compared to forecasts EPS of $2.02 on revenue of $19.73B.
Pfizer had beat expectations on Tuesday with first quarter EPS of $0.8 on revenue of $12.03B, compared to forecast for EPS of $0.7 on revenue of $11.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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