Investing.com - Siemens N reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Siemens N announced earnings per share of €1.27 on revenue of €17.04B. Analysts polled by Investing.com anticipated EPS of €2.03 on revenue of €16.87B.
Siemens N shares are down 27.96% from the beginning of the year and are trading at €109.28 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Siemens N shares lost 5.25% in intra-day trade the report.
Siemens N follows other major Industrials sector earnings this month
Siemens N's report follows an earnings missed by Siemens AG on Thursday, who reported EPS of €1.27 on revenue of €17.04B, compared to forecasts EPS of €2.03 on revenue of €16.87B.
Deutsche Post had beat expectations on Tuesday, May 3, 2022 with first quarter EPS of €1.08 on revenue of €22.59B, compared to forecast for EPS of €0.8901 on revenue of €20.37B.
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