Investing.com - Heidelbergcement reported on Thursday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Heidelbergcement announced earnings per share of €-0.36 on revenue of €3.93B. Analysts polled by Investing.com anticipated EPS of €-0.36 on revenue of €4.08B. That with comparison to EPS of €-0.24 on revenue of €4.24B in the same period a year before.Heidelbergcement had reported EPS of €1.44 on revenue of €4.58B in the previous quarter.
Heidelbergcement shares are down 36% from the beginning of the year and are trading at €41.570 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 18.85% year to date.
Heidelbergcement follows other major Capital Goods sector earnings this month
Heidelbergcement's report follows an earnings missed by MTU Aero on Thursday, April 30, 2020, who reported EPS of €2.1 on revenue of €1.27B, compared to forecasts EPS of €2.41 on revenue of €1.24B.
Kion Group AG had missed expectations on Tuesday, April 28, 2020 with first quarter EPS of €0.66 on revenue of €2.03B, compared to forecast for EPS of €0.72 on revenue of €2.01B.
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