Investing.com - Fraport AG reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Fraport AG announced earnings per share of €0.3509 on revenue of €884M. Analysts polled by Investing.com anticipated EPS of €0.3509 on revenue of €791.09M.
Fraport AG shares are down 19.85% from the beginning of the year and are trading at €47.430 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Fraport AG shares gained 1.28% in intra-day trade the report.
Fraport AG follows other major Industrials sector earnings this month
Fraport AG's report follows an earnings beat by Deutsche Post on Friday, who reported EPS of €1.17 on revenue of €24.03B, compared to forecasts EPS of €0.9957 on revenue of €21.83B.
Siemens Energy AG had missed expectations on Monday with third quarter EPS of €-0.54 on revenue of €7.28B, compared to forecast for EPS of €0.0076 on revenue of €7.16B.
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