Investing.com - Andritz AG reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Andritz AG announced earnings per share of €0.77 on revenue of €1.53B. Analysts polled by Investing.com anticipated EPS of €0.8852 on revenue of €1.6B.
Andritz AG shares are down 10% from the beginning of the year and are trading at €40.760 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 7.67% from the start of the year.
Andritz AG follows other major Industrials sector earnings this month
Andritz AG's report follows an earnings beat by Rosenbauer on April 8, who reported EPS of €2.33 on revenue of €325.6M, compared to forecasts EPS of €1.87 on revenue of €391.00M.
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