Investing.com - Poseida reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Poseida announced earnings per share of $0.920 on revenue of $116.31M. Analysts polled by Investing.com anticipated EPS of $-0.728 on revenue of $1.4M.
Poseida shares are down 53.92% from the beginning of the year , still down 42.60% from its 52 week high of $7.84 set on Friday, November 19, 2021.
Poseida follows other major Healthcare sector earnings this month
Poseida'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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