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Healthcare Stocks Advancing Before Closing Bell; Techne Inching Higher After Posting $0.03 EPS Beat

Top Healthcare Stocks

JNJ +0.63%

PFE +1.59%

ABT +0.31%

MRK +0.41%

AMGN -0.20%

Healthcare stocks are finishing today's session with moderate gains and the NYSE Healthcare Sector Index adding 0.5% and shares of healthcare companies in the S&P 500 climbing 0.6% as a group.

In company news, Techne Corp. ( TECH ) is narrowly higher in late trade after today reporting fiscal Q1 earnings of $0.83 per share, ex items, and topping the Capital IQ consensus by $0.03 per share.

Revenue for the biotechnology company climbed 14.2% year over year to $85.7 million, also exceeding expectations by around $3.34 million.

In other sector news,

(+) CRY, Reports Q3 earnings and revenue topping analyst projections. Also raises FY13 EPS guidance above the consensus view.

(-) CHE, Q3 EPS of $1.36, ex items, tops expectations by $0.02 per share. Revenue falls 3.8% year over year to $340.9 mln, trailing Street view by $14.5 bln. Sees FY13 EPS of $5.60 to $5.65, ex items, or at least $0.02 per share under consensus.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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