Investing.com - Andritz AG reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Andritz AG announced earnings per share of €0.32 on revenue of €1.51B. Analysts polled by Investing.com anticipated EPS of €0.43 on revenue of €1.51B. That with comparison to EPS of €0.61 on revenue of €1.49B in the same period a year before.Andritz AG had reported EPS of €0.97 on revenue of €1.92B in the previous quarter.Analysts are expecting EPS of €0.65 and revenue of €1.66B in the upcoming quarter.
Andritz AG shares are down 16.11% from the beginning of the year and are trading at €29.785 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 18.35% year to date.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar