Investing.com - Siemens AG (DE:SIEGn) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Siemens AG announced earnings per share of €1.54 on revenue of €16.09B. Analysts polled by Investing.com anticipated EPS of €1.28 on revenue of €14.96B.
Siemens AG shares are down 1% from the beginning of the year and are trading at €141.94 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 15.74% from the start of the year.
Siemens AG shares gained 3.05% in intra-day trade the report.
Siemens AG follows other major Industrials sector earnings this month
Siemens AG's report follows an earnings missed by Siemens Energy AG on Thursday, who reported EPS of €-0.32 on revenue of €7.26B, compared to forecasts EPS of €0.1589 on revenue of €7.26B.
Traton had beat expectations on Wednesday, July 28, 2021 with second quarter EPS of €1.06 on revenue of €7.08B, compared to forecast for EPS of €0.7543 on revenue of €6.9B.
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