Investing.com - Muench. Rueckvers. (ETR:MUVGn) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Muench. Rueckvers. announced earnings per share of €4.38 on revenue of €11.31B. Analysts polled by Investing.com anticipated EPS of €5.16 on revenue of €14.76B.
Muench. Rueckvers. shares are down 16% from the beginning of the year, still down 23.29% from its 52 week high of €282.25 set on February 1. They are under-performing the STOXX 600 which is down 13.62% from the start of the year.
Muench. Rueckvers. shares gained 1.31% in intra-day trade following the report.
Muench. Rueckvers. follows other major Financial sector earnings this month
Muench. Rueckvers.'s report follows an earnings beat by Deutsche Boerse on April 25, who reported EPS of €2.4 on revenue of €1.19B, compared to forecasts EPS of €2.14 on revenue of €1.07B.
Deutsche Bank AG had beat expectations on April 27 with first quarter EPS of €0.51 on revenue of €7.33B, compared to forecast for EPS of €0.4975 on revenue of €7.33B.
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