Vertex Earnings miss, Revenue beats In Q4 By Investing.com

Vertex (NASDAQ:VRTX) reported on Monday fourth quarter earnings that missed analysts’ forecasts and revenue that topped expectations.

Vertex announced earnings per share of $2.51 on revenue of $1.63B. Analysts polled by Investing.com anticipated EPS of $2.55 on revenue of $1.58B.

Vertex shares are down 1% from the beginning of the year and are trading at $231.71 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 2.8% from the start of the year.

Vertex follows other major Healthcare sector earnings this month

Vertex’s report follows an earnings beat by J&J on January 26, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.

Abbott Labs had beat expectations on Wednesday with fourth quarter EPS of $1.45 on revenue of $10.7B, compared to forecast for EPS of $1.35 on revenue of $9.94B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar