Rheinmetall AG earnings miss, Revenue beats in Q2

  • Investing.com
Rheinmetall AG earnings miss, Revenue beats in Q2
Credit: © Reuters.

Investing.com - Rheinmetall AG reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Rheinmetall AG announced earnings per share of €1.14 on revenue of €1.32B. Analysts polled by Investing.com anticipated EPS of €1.84 on revenue of €1.31B.

Rheinmetall AG shares are down 2% from the beginning of the year and are trading at €84.360 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 17.78% year to date.

Rheinmetall AG follows other major Industrials sector earnings this month

Rheinmetall AG's report follows an earnings beat by Siemens AG on Thursday, who reported EPS of €1.54 on revenue of €16.09B, compared to forecasts EPS of €1.28 on revenue of €14.96B.

Deutsche Post had beat expectations on Thursday with second quarter EPS of €1.02 on revenue of €19.47B, compared to forecast for EPS of €0.95 on revenue of €18.42B.

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

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