Align Earnings, Revenue beat in Q1 By Investing.com
Align (NASDAQ:ALGN) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Align announced earnings per share of $2.49 on revenue of $894.8M. Analysts polled by Investing.com anticipated EPS of $2.02 on revenue of $816.95M.
Align shares are up 14.71% from the beginning of the year and are trading at $613.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.41% from the start of the year.
Align follows other major Healthcare sector earnings this month
Align’s report follows an earnings beat by J&J on April 20, who reported EPS of $2.59 on revenue of $22.32B, compared to forecasts EPS of $2.34 on revenue of $21.98B.
Abbott Labs had beat expectations on April 20 with first quarter EPS of $1.32 on revenue of $10.46B, compared to forecast for EPS of $1.27 on revenue of $10.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar