Investing.com - Palfinger AG reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Palfinger AG announced earnings per share of €0.62 on revenue of €413.1M. Analysts polled by Investing.com anticipated EPS of €0.7686 on revenue of €415.05M.
Palfinger AG shares are up 23% from the beginning of the year and are trading at €37.825 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 11.88% from the start of the year.
Palfinger AG follows other major Capital Goods sector earnings this month
Palfinger AG's report follows an earnings beat by Andritz AG on Thursday, who reported EPS of €0.62 on revenue of €1.49B, compared to forecasts EPS of €0.5542 on revenue of €1.43B.
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