Investing.com - Rheinmetall AG reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Rheinmetall AG announced earnings per share of €1.14 on revenue of €1.32B. Analysts polled by Investing.com anticipated EPS of €1.84 on revenue of €1.31B.
Rheinmetall AG shares are down 2% from the beginning of the year, still down 10.06% from its 52 week high of €93.80 set on January 21. They are under-performing the STOXX 600 which is up 17.78% from the start of the year.
Rheinmetall AG follows other major Industrials sector earnings this month
Rheinmetall AG's report follows an earnings beat by Siemens AG on Thursday, who reported EPS of €1.54 on revenue of €16.09B, compared to forecasts EPS of €1.28 on revenue of €14.96B.
Deutsche Post had beat expectations on Thursday with second quarter EPS of €1.02 on revenue of €19.47B, compared to forecast for EPS of €0.95 on revenue of €18.42B.
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