Investing.com - Siemens AG (DE:SIEGn) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Siemens AG announced earnings per share of €1.2 on revenue of €15.31B. Analysts polled by Investing.com anticipated EPS of €1.94 on revenue of €14.77B.
Siemens AG shares are down 2% from the beginning of the year and are trading at €113.62 , down-from-52-week-high.They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 10.24% from the start of the year.
Siemens AG shares lost 3.33% 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 Bayer on Tuesday, November 3, 2020, who reported EPS of €0.81 on revenue of €8.51B, compared to forecasts EPS of €1.01 on revenue of €9.24B.
Siemens Healthineers had missed expectations on Sunday, November 1, 2020 with fourth quarter EPS of €0.42 on revenue of €3.88B, compared to forecast for EPS of €0.44 on revenue of €3.9B.
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