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Vertex Earnings, Revenue Beat in Q2

Vertex Earnings, Revenue Beat in Q2

Investing.com - Vertex (NASDAQ:VRTX) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.26 on revenue of $941.3M (NYSE:MMM). Analysts polled by Investing.com forecast EPS of $1.07 on revenue of $885.64M. That compared to EPS of $0.94 on revenue of $751.22M in the same period a year earlier. The company had reported EPS of $1.14 on revenue of $858.29M in the previous quarter.

Vertex shares lost 1.71% to trade at $163.77 in after-hours trade following the report.


Vertex follows other major Healthcare sector earnings this month

On July 16, J&J reported second quarter EPS of $2.58 on revenue of $20.56B, compared to forecasts of EPS of $2.46 on revenue of $20.29B.

Pfizer earnings beat analysts' expectations on Monday, with second quarter EPS of $0.8 on revenue of $13.26B. Investing.com analysts expected EPS of $0.75 on revenue of $13.41B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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