UPDATE 2-Fresenius cuts 2020 outlook to reflect pandemic impact [Reuters]
Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share) (FMS)
Last fresenius medical care ag american depositary shares (each representing 1/2 of an ordinary share) earnings: 7/31 04:03 pm
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Source: Reuters
UPDATE 2-Fresenius cuts 2020 outlook to reflect pandemic impact (Adds share reaction, forecasts for units) By Zuzanna Szymanska July 30 (Reuters) - German healthcare group Fresenius cut its 2020 net income and revenue targets on Thursday as pandemic-related delays and lower demand at its medical services and drug units outweighed a strong performance in dialysis. The pandemic has been a mixed blessing for healthcare companies, bringing governmental subsidies and increased demand for selected products and services but also delays in treatments and extra expenses including the purchase of protective gear. In its first outlook that accounts for the coronavirus impact, Fresenius forecast a change in adjusted net income of between a 4% drop and a 1% increase, and revenue growth in the range of 3% to 6%. That compares with previous forecasts for growth of between 1% and 5%, and 4% and 7%, respectively. Fresenius shares were down 2% in early trade. The group’s infusion drugs unit Kabi, which
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News
- Fresenius Medical Care (ETR:FME) earnings and shareholder returns have been trending downwards for the last five years, but the stock soars 14% this past week [Yahoo! Finance]Yahoo! Finance
- Fresenius Medical Care AG (NYSE: FMS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Fresenius Accelerates Momentum in its (Bio)Pharma Business and Launches Tyenne®, its Third Approved Biosimilar in the U.S. [Yahoo! Finance]Yahoo! Finance
- Dialysis Machines Market Analysis Forecast to 2033 - Technological Innovations and Global Market Trends [Yahoo! Finance]Yahoo! Finance
- Reasons to Retain Fresenius Medical (FMS) in Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
FMS
Earnings
- 8/3/23 - In-Line
FMS
Sec Filings
- 3/28/24 - Form 6-K
- 3/13/24 - Form 6-K
- 3/5/24 - Form 6-K
- FMS's page on the SEC website