Rheinmetall AG earnings, Revenue miss in Q2

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

Investing.com - Rheinmetall AG reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Rheinmetall AG announced earnings per share of €1.21 on revenue of €1.41B. Analysts polled by Investing.com anticipated EPS of €1.53 on revenue of €1.42B.

Rheinmetall AG shares are up 100% from the beginning of the year and are trading at €166.850 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.68% 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 Friday, who reported EPS of €1.17 on revenue of €24.03B, compared to forecasts EPS of €0.9836 on revenue of €22.31B.

MTU Aero had beat expectations on Wednesday, July 27, 2022 with second quarter EPS of €2.14 on revenue of €1.29B, compared to forecast for EPS of €1.87 on revenue of €1.25B.

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