Nordex SE earnings miss, Revenue beats in Q1

  • Investing.com
Nordex SE earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - Nordex SE reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Nordex SE announced earnings per share of €-0.36 on revenue of €964.6M. Analysts polled by Investing.com anticipated EPS of €-0.21 on revenue of €804.05M. That with comparison to EPS of €-0.36 on revenue of €399M in the same period a year before.Nordex SE had reported EPS of €0.04 on revenue of €1.34B in the previous quarter.Analysts are expecting EPS of €-0.06 and revenue of €733.95M in the upcoming quarter.

Nordex SE shares are down 37.91% from the beginning of the year and are trading at €7.500 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.

Nordex SE follows other major Capital Goods sector earnings this month

Nordex SE's report follows an earnings beat by Heidelbergcement on Thursday, who reported EPS of €-0.36 on revenue of €3.93B, compared to forecasts EPS of €-0.7 on revenue of €3.96B.

MTU Aero had missed expectations on Thursday, April 30, 2020 with first quarter EPS of €2.1 on revenue of €1.27B, compared to forecast for EPS of €2.41 on revenue of €1.24B.

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

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