Rheinmetall AG earnings, Revenue beat in Q3

  • Investing.com
Rheinmetall AG earnings, Revenue beat in Q3
Credit: © Reuters.

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

Rheinmetall AG announced earnings per share of €1.03 on revenue of €1.38B. Analysts polled by Investing.com anticipated EPS of €0.46 on revenue of €1.37B.

Rheinmetall AG shares are down 34% from the beginning of the year and are trading at €67.280 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.89% 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, October 27, 2020, who reported EPS of €5.17 on revenue of €59.36B, compared to forecasts EPS of €3.98 on revenue of €58.68B.

Volkswagen VZO had beat expectations on Tuesday, October 27, 2020 with third quarter EPS of €5.17 on revenue of €59.36B, compared to forecast for EPS of €3.98 on revenue of €58.68B.

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