Grifols posts Q3 sales, earnings gains

Grifols (NSDQ:GRFS) today reported third-quarter sales and earnings growth that nevertheless missed the consensus forecast

The Spanish healthcare giant posted profits of €153.9 million , or €0.22 per share, on sales of €1.06 billion for the three months ended Sept. 30 (about $179.3 million, 23¢ and $1.23 billion, respectively).

Analysts on Wall Street were looking for earnings of 30¢ on sales of $1.26 billion.

GRFS shares were down -2.1% to $22.71 apiece today in early trading on Wall Street; in Madrid, the stock was off -4.7% to €25.67 per share.

($1 = €0.858529)

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