Investing.com - Lufthansa reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Lufthansa announced earnings per share of €-1.26 on revenue of €3.21B. Analysts polled by Investing.com anticipated EPS of €-1.14 on revenue of €4.1B.
Lufthansa shares are down 13% from the beginning of the year and are trading at €9.401 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 17.76% from the start of the year.
Lufthansa follows other major Industrials sector earnings this month
Lufthansa's report follows an earnings beat by Deutsche Post on Thursday, who reported EPS of €1.02 on revenue of €19.47B, compared to forecasts EPS of €0.95 on revenue of €18.42B.
Siemens Energy AG had beat expectations on Wednesday with third quarter EPS of €0.1878 on revenue of €7.26B, compared to forecast for EPS of €0.1589 on revenue of €7.26B.
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