Investing.com - Fraport AG reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fraport AG announced earnings per share of €-1.93 on revenue of €423.4M. Analysts polled by Investing.com anticipated EPS of €-1.38 on revenue of €390.4M.
Fraport AG shares are down 56.46% from the beginning of the year, still down 58.37% from its 52 week high of €79.26 set on November 27, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Fraport AG shares lost 0.99% in intra-day trade following the report.
Fraport AG follows other major Transportation sector earnings this month
Fraport AG's report follows an earnings missed by Befesa on July 30, who reported EPS of €0.17 on revenue of €122.2M, compared to forecasts EPS of €0.23 on revenue of €139.35M.
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