Investing.com - AVEO reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AVEO announced earnings per share of $-0.090 on revenue of $30.45M. Analysts polled by Investing.com anticipated EPS of $-0.214 on revenue of $29.59M.
AVEO shares are up 100% from the beginning of the year , still down 1.14% from its 52 week high of $14.95 set on Tuesday, October 18, 2022.
AVEO follows other major Healthcare sector earnings this month
AVEO's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts 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, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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