Fraport AG earnings beat, Revenue misses in Q2

  • Investing.com
Fraport AG earnings beat, Revenue misses in Q2
Credit: © Reuters.

Investing.com - Fraport AG reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Fraport AG announced earnings per share of €0.92 on revenue of €425.9M. Analysts polled by Investing.com anticipated EPS of €-0.7805 on revenue of €518.8M.

Fraport AG shares are up 15% from the beginning of the year and are trading at €54.360 , down-from-52-week-high.They are under-performing the OMX Helsinki 25 which is up 24.1% year to date.

Fraport AG shares lost 1.65% in intra-day trade the report.

Fraport AG follows other major Industrials sector earnings this month

Fraport AG's report follows an earnings beat by Kion Group AG on Tuesday, July 27, 2021, who reported EPS of €1.17 on revenue of €2.59B, compared to forecasts EPS of €1.14 on revenue of €2.53B.

MTU Aero had beat expectations on Saturday with second quarter EPS of €1.43 on revenue of €1.02B, compared to forecast for EPS of €1.22 on revenue of €1.03B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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