Rheinmetall AG earnings, Revenue beat in Q1

  • Investing.com
Rheinmetall AG earnings, Revenue beat in Q1

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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