UPDATE 3-Fresenius cuts 2020 outlook on 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 3-Fresenius cuts 2020 outlook on pandemic impact * Cuts 2020 profit, revenue targets as pandemic hits Q2 * Delays, low demand outweigh strong performance at FMC * Shares down 4% (Adds details from conference call, updates shares) By Zuzanna Szymanska July 30 (Reuters) - German healthcare group Fresenius cut its 2020 profit and revenue targets on Thursday as the COVID-19 pandemic hit elective procedures and delayed product launches, outweighing a strong performance in dialysis. In its first forecasts factoring in the impact of the pandemic, the company said it expected adjusted net income this year within a range of down 4% to up 1% from last year, and revenue growth of 3-6%. That compares with previous forecasts for growth of 1-5%, and 4-7%, respectively. The company’s shares were down 4.2% at 1320 GMT. “Our base case is that a major second COVID-19 wave in our relevant markets can be prevented. Instead, we should continue to see local and regional outbreaks,” Chief Executive S
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News
- Fresenius Medical Care AG & Co. KGaA (NYSE:FMS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- UPDATE 2-Fresenius raises outlook on strong quarterly results, exits Vamed [Yahoo! Finance]Yahoo! Finance
- Fresenius Medical Care First Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- MICHAEL J. ASSELTA JOINS COMPASSUS AS CEO [Yahoo! Finance]Yahoo! Finance
- Fresenius Medical Care starts the year with strong earnings growth [Yahoo! Finance]Yahoo! Finance
FMS
Earnings
- 8/3/23 - In-Line
FMS
Sec Filings
- 5/7/24 - Form 6-K
- 5/7/24 - Form 6-K
- 5/3/24 - Form 6-K
- FMS's page on the SEC website