Investing.com - Siemens AG (DE:SIEGn) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Siemens AG announced earnings per share of €1.67 on revenue of €14.07B. Analysts polled by Investing.com anticipated EPS of €1.1 on revenue of €13.27B.
Siemens AG shares are up 15% from the beginning of the year and are trading at €136.11 , down-from-52-week-high.They are outperforming the DAX which is up 1.58% from the start of the year.
Siemens AG shares gained 2.21% in intra-day trade the report.
Siemens AG follows other major Healthcare sector earnings this month
Siemens AG's report follows an earnings beat by Siemens Healthineers on Monday, who reported EPS of €0.49 on revenue of €3.87B, compared to forecasts EPS of €0.3876 on revenue of €3.61B.
Biofrontera AG had missed expectations on Tuesday, January 5, 2021 with fourth quarter EPS of €-0.1226 on revenue of €4.71M, compared to forecast for EPS of €-0.102 on revenue of €4.68M.
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