Investing.com - Andritz AG reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Andritz AG announced earnings per share of €0.9302 on revenue of €1.86B. Analysts polled by Investing.com anticipated EPS of €0.9635 on revenue of €1.75B.
Andritz AG shares are up 7% from the beginning of the year and are trading at €40.305 , down-from-52-week-high.They are under-performing the ATX which is up 11.27% from the start of the year.
Andritz AG follows other major Capital Goods sector earnings this month
Andritz AG's report follows an earnings beat by Wienerberger AG on February 24, who reported EPS of €0.3928 on revenue of €806.2M, compared to forecasts EPS of €0.3811 on revenue of €806M.
Palfinger AG had beat expectations on Thursday with first quarter EPS of €0.92 on revenue of €804.0M, compared to forecast for EPS of €0.32 on revenue of €437.7M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar