Investing.com - Fraport AG reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Fraport AG announced earnings per share of €0.3509 on revenue of €884M. Analysts polled by Investing.com anticipated EPS of €0.3509 on revenue of €791.09M.
Fraport AG shares are down 19.85% from the beginning of the year, still down 32.15% from its 52 week high of €69.90 set on November 9, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Fraport AG shares gained 1.28% in intra-day trade following the report.
Fraport AG follows other major Industrials sector earnings this month
Fraport 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 €0.9957 on revenue of €21.83B.
Siemens Energy AG had missed expectations on Monday with third quarter EPS of €-0.54 on revenue of €7.28B, compared to forecast for EPS of €0.0076 on revenue of €7.16B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar