Heidelbergcement earnings, Revenue miss in Q1

  • Investing.com
Heidelbergcement earnings, Revenue miss in Q1
Credit: © Reuters.

Investing.com - Heidelbergcement reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Heidelbergcement announced earnings per share of €1.89 on revenue of €4.47B. Analysts polled by Investing.com anticipated EPS of €1.99 on revenue of €4.5B.

Heidelbergcement shares are up 14% from the beginning of the year and are trading at €74.340 , down-from-52-week-high.They are outperforming the PSI 20 which is down 1.15% year to date.

Heidelbergcement follows other major Capital Goods sector earnings this month

Heidelbergcement's report follows an earnings beat by Siemens Energy AG on Wednesday, March 3, 2021, who reported EPS of €0.205 on revenue of €6.54B, compared to forecasts EPS of €0.1342 on revenue of €6.54B.

MTU Aero had missed expectations on Thursday, February 18, 2021 with fourth quarter EPS of €0.625 on revenue of €1.02B, compared to forecast for EPS of €1.27 on revenue of €1.07B.

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

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