GEA Group AG earnings, Revenue beat in Q3

  • Investing.com
GEA Group AG earnings, Revenue beat in Q3

Investing.com - GEA Group AG reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

GEA Group AG announced earnings per share of €0.48 on revenue of €3.42B. Analysts polled by Investing.com anticipated EPS of €0.4416 on revenue of €1.2B.

GEA Group AG shares are up 45.01% from the beginning of the year and are trading at €42.460 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 21.15% year to date.

GEA Group AG follows other major Industrials sector earnings this month

GEA Group 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 €0.8277 on revenue of €18.32B.

MTU Aero had beat expectations on Thursday, October 28, 2021 with third quarter EPS of €1.6 on revenue of €1B, compared to forecast for EPS of €1.46 on revenue of €1.08B.

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