Rheinmetall AG earnings, Revenue beat in Q2

  • Investing.com
Rheinmetall AG earnings, Revenue beat in Q2

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

Rheinmetall AG announced earnings per share of €0.30 on revenue of €1.24B. Analysts polled by Investing.com anticipated EPS of €-0.77 on revenue of €1.14B.

Rheinmetall AG shares are down 32% from the beginning of the year and are trading at €80.800 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is down 13.48% year to date.

Rheinmetall AG follows other major Consumer Cyclical sector earnings this month

Rheinmetall AG's report follows an earnings beat by Volkswagen ST on Tuesday, July 28, 2020, who reported EPS of €-3.23 on revenue of €41.08B, compared to forecasts EPS of €-3.69 on revenue of €41.19B.

Volkswagen VZO had beat expectations on Tuesday, July 28, 2020 with second quarter EPS of €-3.23 on revenue of €41.08B, compared to forecast for EPS of €-3.69 on revenue of €41.19B.

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