Krones AG Earnings, Revenue beat in Q2 By Investing.com

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Krones AG Earnings, Revenue beat in Q2

Published Aug 03, 2022 14:38

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Investing.com - Krones AG reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Krones AG announced earnings per share of €1.36 on revenue of €997.6M. Analysts polled by Investing.com anticipated EPS of €1.13 on revenue of €970.6M.

Krones AG shares are down 12% from the beginning of the year and are trading at €86.400 , down-from-52-week-high.They are outperforming the DAX which is down 15.33% from the start of the year.

Krones AG follows other major Industrials sector earnings this month

Krones AG's report follows an earnings beat by MTU Aero on Wednesday, July 27, 2022, who reported EPS of €2.14 on revenue of €1.29B, compared to forecasts EPS of €1.87 on revenue of €1.25B.

Traton had beat expectations on Thursday, July 28, 2022 with second quarter EPS of €0.63 on revenue of €9.46B, compared to forecast for EPS of €0.3408 on revenue of €8.78B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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