Investing.com - Siemens AG (OTC:SIEGY) 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, still down 2.75% from its 52 week high of €145.96 set on April 16. 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 following 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 July 28 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar