Investing.com - Rheinmetall AG reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Rheinmetall AG announced earnings per share of €1.45 on revenue of €1.26B. Analysts polled by Investing.com anticipated EPS of €1.35 on revenue of €1.3B.
Rheinmetall AG shares are up 1% from the beginning of the year and are trading at €87.560 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 21.15% year to date.
Rheinmetall AG follows other major Consumer Cyclical sector earnings this month
Rheinmetall AG's report follows an earnings beat by BMW Pref on Wednesday, who reported EPS of €5.54 on revenue of €27.47B, compared to forecasts EPS of €3.46 on revenue of €25.56B.
Traton had beat expectations on Thursday, October 28, 2021 with third quarter EPS of €0.81 on revenue of €8.05B, compared to forecast for EPS of €0.5532 on revenue of €6.6B.
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