01:48 PM EDT, 05/07/2024 (MT Newswires) -- Fresenius Medical Care ( FMS ) shares were down more than 6% in recent Tuesday trading after the company reported its Q1 earnings.

The company reported Q1 earnings of 0.24 euro ($0.26) per share, down from 0.29 euro a year earlier.

One analyst polled by Capital IQ expected 0.04 euro.

Revenue for the quarter ended March 31 was 4.73 billion euros, up from 4.7 billion euros a year earlier.

Analysts surveyed by Capital IQ expected 4.73 billion euros.

Price: 20.06, Change: -1.37, Percent Change: -6.37