Stock Track | Fresenius Medical Care Plunges 5.19% in Pre-market on Earnings Miss and US Treatment Volume Decline
Stock Track
May 05
Fresenius Medical Care AG & Co. KGaA (FMS) experienced a pre-market plunge of 5.19% on Tuesday.
The decline follows the company's reported first-quarter results, which missed analyst estimates for both earnings per share and sales. Furthermore, the company cited a decrease in treatment volumes within its key US dialysis operations and noted that restructuring expenses contributed to a lower net profit compared to the same period last year.
Analysts highlighted that the 0.4% year-over-year decline in US same-market treatment volumes is a key area of investor focus. Despite the quarterly challenges, the company confirmed its full-year financial guidance.
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