Investing.com - Siemens AG (DE:SIEGn) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Siemens AG announced earnings per share of €1.71 on revenue of €14.67B. Analysts polled by Investing.com anticipated EPS of €1.85 on revenue of €14.16B.
Siemens AG shares are up 22% from the beginning of the year and are trading at €144.37 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 13.17% from the start of the year.
Siemens AG shares gained 3.49% in intra-day trade the report.
Siemens AG follows other major Healthcare sector earnings this month
Siemens AG's report follows an earnings missed by Siemens Healthineers on Monday, who reported EPS of €0.44 on revenue of €3.97B, compared to forecasts EPS of €0.4647 on revenue of €3.9B.
Fresenius SE had missed expectations on Friday with first quarter EPS of €0.78 on revenue of €8.98B, compared to forecast for EPS of €0.7921 on revenue of €8.93B.
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