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Fraport AG earnings inline, Revenue misses in Q3

Published 09-11-2021, 03:16 pm

Investing.com - Fraport AG reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Fraport AG announced earnings per share of €-0.3273 on revenue of €633.8M. Analysts polled by Investing.com anticipated EPS of €-0.3273 on revenue of €718M.

Fraport AG shares are up 38.35% from the beginning of the year and are trading at €68.290 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Fraport AG shares gained 1.94% 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 Deutsche Post on Thursday, who reported EPS of €0.87 on revenue of €20.04B, compared to forecasts EPS of €0.8415 on revenue of €17.91B.

MTU Aero had missed expectations on Thursday, October 28, 2021 with third quarter EPS of €1.59 on revenue of €1B, compared to forecast for EPS of €1.6 on revenue of €1B.

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

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