Investing.com - Palfinger AG reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Palfinger AG announced earnings per share of €0.4 on revenue of €503.9M. Analysts polled by Investing.com anticipated EPS of €0.65 on revenue of €440.2M.
Palfinger AG shares are down 20.2% from the beginning of the year and are trading at €27.450 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Palfinger AG follows other major Industrials sector earnings this month
Palfinger AG's report follows an earnings beat by DO & CO on February 17, who reported EPS of €0.69 on revenue of €209M, compared to forecasts EPS of €0.34 on revenue of €195M.
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