Investing.com - Locust Walk Acquisition reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Locust Walk Acquisition announced earnings per share of $-0.230 on revenue of $867K. Analysts polled by Investing.com anticipated EPS of $-0.173 on revenue of $642.2K.
Locust Walk Acquisition shares are down 5.02% from the beginning of the year , still down 95.77% from its 52 week high of $11.82 set on Tuesday, November 9, 2021.
Locust Walk Acquisition follows other major Healthcare sector earnings this month
Locust Walk Acquisition'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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