Investing.com - Sage Therapeutic reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sage Therapeutic announced earnings per share of $-2.31 on revenue of $1.74M. Analysts polled by Investing.com anticipated EPS of $-2.22 on revenue of $1.68M.
Sage Therapeutic shares are down 20% from the beginning of the year , still down 25.93% from its 52 week high of $45.74 set on Wednesday, February 9, 2022.
Sage Therapeutic follows other major Healthcare sector earnings this month
Sage Therapeutic'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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