Investing.com - Muench. Rueckvers. (DE:MUVGn) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Muench. Rueckvers. announced earnings per share of €4.24 on revenue of €14.34B. Analysts polled by Investing.com anticipated EPS of €3.09 on revenue of €14.86B.
Muench. Rueckvers. shares are up 52% from the beginning of the year and are trading at €246.43 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 9.72% from the start of the year.
Muench. Rueckvers. shares gained 0.98% in intra-day trade the report.
Muench. Rueckvers. follows other major Financial sector earnings this month
Muench. Rueckvers.'s report follows an earnings beat by Deutsche Boerse on April 20, who reported EPS of €1.81 on revenue of €855.1M, compared to forecasts EPS of €1.62 on revenue of €845.57M.
Deutsche Bank AG had beat expectations on April 27 with first quarter EPS of €0.47 on revenue of €7.22B, compared to forecast for EPS of €0.3723 on revenue of €6.62B.
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