Investing.com - Siemens N reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Siemens N 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 N shares are down 2% from the beginning of the year and are trading at €114.84 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 7.25% from the start of the year.
Siemens N shares lost 2.36% in intra-day trade the report.
Siemens N follows other major Capital Goods sector earnings this month
Siemens N's report follows an earnings matched by Heidelbergcement on Thursday, November 5, 2020, who reported EPS of €3.12 on revenue of €4.89B, compared to forecasts EPS of €3.12 on revenue of €4.88B.
MTU Aero had missed expectations on Wednesday, October 28, 2020 with third quarter EPS of €1.01 on revenue of €907.8M, compared to forecast for EPS of €1.2 on revenue of €882.38M.
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