Investing.com - Deutsche Post (DE:DPWGn) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deutsche Post announced earnings per share of €0.94 on revenue of €18.86B. Analysts polled by Investing.com anticipated EPS of €0.8756 on revenue of €17.82B.
Deutsche Post shares are up 25% from the beginning of the year and are trading at €50.790 , down-from-52-week-high.They are outperforming the DAX which is up 9.85% from the start of the year.
Deutsche Post shares gained 2.30% in intra-day trade the report.
Deutsche Post follows other major Services sector earnings this month
Deutsche Post's report follows an earnings beat by Vonovia on Tuesday, who reported EPS of €0.5849 on revenue of €581.7M, compared to forecasts EPS of €0.5752 on revenue of €593.79M.
Stroeer had missed expectations on Wednesday, April 14, 2021 with first quarter EPS of €0.39 on revenue of €451.25M, compared to forecast for EPS of €0.93 on revenue of €454.32M.
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