Investing.com - Prothena reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Prothena announced earnings per share of $-0.97 on revenue of $1.52M. Analysts polled by Investing.com anticipated EPS of $-0.59 on revenue of $29.2M.
Prothena shares are down 26% from the beginning of the year , still down 11.72% from its 52 week high of $65.35 set on Tuesday, November 1, 2022.
Prothena follows other major Healthcare sector earnings this month
Prothena's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, 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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