Investing.com - Deutsche Post (DE:DPWGn) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Deutsche Post announced earnings per share of €0.42 on revenue of €16.24B. Analysts polled by Investing.com anticipated EPS of €0.64 on revenue of €15.92B.
Deutsche Post shares are up 13% from the beginning of the year and are trading at €38.735 , down-from-52-week-high.They are outperforming the DAX which is down 0.65% from the start of the year.
Deutsche Post shares lost 100.00% in pre-market trade the report.
Deutsche Post follows other major Services sector earnings this month
Deutsche Post's report follows an earnings matched by Vonovia on November 4, who reported EPS of €0.58 on revenue of €574M, compared to forecasts EPS of €0.58 on revenue of €577.58M.
Zalando SE had beat expectations on November 4 with third quarter EPS of €0.23 on revenue of €1.85B, compared to forecast for EPS of €0.21 on revenue of €1.86B.
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