ResMed (NYSE:RMD) reported quarterly earnings of $1.51 per share which beat the analyst consensus estimate of $1.36 by 11.03 percent. This is a 18.9 percent increase over earnings of $1.27 per share from the same period
Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
Biotech stocks posted gains for the second week running, supported by multiple catalysts that included a good start to the big pharma reporting season and broader market strength.