Investing.com - GEA Group AG reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
GEA Group AG announced earnings per share of €0.39 on revenue of €1.16B. Analysts polled by Investing.com anticipated EPS of €0.3843 on revenue of €1.18B.
GEA Group AG shares are up 31.57% from the beginning of the year and are trading at €38.525 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 19.24% from the start of the year.
GEA Group AG follows other major Industrials sector earnings this month
GEA Group AG's report follows an earnings beat by Siemens AG on Thursday, August 5, 2021, who reported EPS of €1.54 on revenue of €16.09B, compared to forecasts EPS of €1.28 on revenue of €14.96B.
Deutsche Post had beat expectations on Thursday, August 5, 2021 with second quarter EPS of €1.02 on revenue of €19.47B, compared to forecast for EPS of €0.955 on revenue of €18.81B.
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