Investing.com - Andritz AG reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Andritz AG announced earnings per share of €1.32 on revenue of €1.91B. Analysts polled by Investing.com anticipated EPS of €1.13 on revenue of €1.92B.
Andritz AG shares are down 12% from the beginning of the year and are trading at €39.745 , down-from-52-week-high.They are outperforming the ATX which is down 23% from the start of the year.
Andritz AG follows other major Industrials sector earnings this month
Andritz AG's report follows an earnings missed by Palfinger AG on Thursday, February 24, 2022, who reported EPS of €0.4 on revenue of €511.85M, compared to forecasts EPS of €0.65 on revenue of €503.9M.
DO & CO had beat expectations on Thursday, February 17, 2022 with third quarter EPS of €0.69 on revenue of €209M, compared to forecast for EPS of €0.34 on revenue of €195M.
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