Investing.com - Deutsche Post (ETR:DPWGn) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deutsche Post announced earnings per share of €1.08 on revenue of €22.59B. Analysts polled by Investing.com anticipated EPS of €0.9309 on revenue of €20.54B.
Deutsche Post shares are down 28% from the beginning of the year and are trading at €40.498 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 8.47% from the start of the year.
Deutsche Post shares gained 0.42% in intra-day trade the report.
Deutsche Post follows other major Industrials sector earnings this month
Deutsche Post's report follows an earnings beat by MTU Aero on Friday, who reported EPS of €1.74 on revenue of €1.18B, compared to forecasts EPS of €1.52 on revenue of €1.13B.
Kion Group AG had missed expectations on Thursday with first quarter EPS of €0.61 on revenue of €2.73B, compared to forecast for EPS of €0.8772 on revenue of €2.64B.
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