Investing.com - Rheinmetall AG reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Rheinmetall AG announced earnings per share of €1.11 on revenue of €1.27B. Analysts polled by Investing.com anticipated EPS of €0.9523 on revenue of €1.25B.
Rheinmetall AG shares are up 150% from the beginning of the year and are trading at €207.800 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.87% year to date.
Rheinmetall AG follows other major Industrials sector earnings this month
Rheinmetall AG's report follows an earnings beat by Deutsche Post on Tuesday, who reported EPS of €1.08 on revenue of €22.59B, compared to forecasts EPS of €0.9309 on revenue of €20.54B.
MTU Aero had beat expectations on Friday, April 29, 2022 with first quarter EPS of €1.74 on revenue of €1.18B, compared to forecast for EPS of €1.52 on revenue of €1.13B.
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