Investing.com - Entrada Therapeutics reported on Monday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Entrada Therapeutics announced earnings per share of $-0.80 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.75 on revenue of $0.00.
Entrada Therapeutics shares are down 11% from the beginning of the year , still down 45.32% from its 52 week high of $36.85 set on Thursday, November 18, 2021.
Entrada Therapeutics shares lost 8.64% in intra-day trade the report.
Entrada Therapeutics follows other major Healthcare sector earnings this month
Entrada Therapeutics'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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