Investing.com - Siemens AG (DE:SIEGn) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Siemens AG announced earnings per share of €1.12 on revenue of €13.49B. Analysts polled by Investing.com anticipated EPS of €0.43 on revenue of €12.57B.
Siemens AG shares are down 2% from the beginning of the year and are trading at €113.82 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 13.25% from the start of the year.
Siemens AG shares gained 1.99% in intra-day trade the report.
Siemens AG follows other major Healthcare sector earnings this month
Siemens AG's report follows an earnings beat by Bayer on Tuesday, who reported EPS of €2.67 on revenue of €10.05B, compared to forecasts EPS of €1.5 on revenue of €10.57B.
Siemens Healthineers had beat expectations on Monday with third quarter EPS of €0.3 on revenue of €3.31B, compared to forecast for EPS of €0.27 on revenue of €3.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar