Fraport AG earnings miss, Revenue beats in Q2

  • Investing.com
Fraport AG earnings miss, Revenue beats in Q2

Investing.com - Fraport AG reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Fraport AG announced earnings per share of €-1.97 on revenue of €249.5M. Analysts polled by Investing.com anticipated EPS of €-1.52 on revenue of €221.95M.

Fraport AG shares are down 56% from the beginning of the year and are trading at €32.760 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.61% year to date.

Fraport AG follows other major Transportation sector earnings this month

Fraport AG's report follows an earnings missed by Befesa on Friday, who reported EPS of €0.17 on revenue of €122.1M, compared to forecasts EPS of €0.23 on revenue of €139.35M.

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

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