Investing.com - Oyster Point Pharma reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Oyster Point Pharma announced earnings per share of $-1.37 on revenue of $5.59M. Analysts polled by Investing.com anticipated EPS of $-1.50 on revenue of $7.83M.
Oyster Point Pharma shares are down 53.92% from the beginning of the year , still down 42.24% from its 52 week high of $19.98 set on Thursday, December 30, 2021.
Oyster Point Pharma follows other major Healthcare sector earnings this month
Oyster Point Pharma'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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