Bechtle Earnings beat, Revenue misses In Q2

  • Investing.com
Bechtle Earnings beat, Revenue misses In Q2

Investing.com - Bechtle reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Bechtle announced earnings per share of €0.97 on revenue of €1.31B. Analysts polled by Investing.com anticipated EPS of €0.95 on revenue of €1.33B.

Bechtle shares are up 30.03% from the beginning of the year and are trading at €164.10 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.

Bechtle follows other major Technology sector earnings this month

Bechtle's report follows an earnings beat by SAP on Monday, July 27, 2020, who reported EPS of €1.17 on revenue of €6.74B, compared to forecasts EPS of €1.12 on revenue of €6.72B.

Infineon had beat expectations on Tuesday, August 4, 2020 with third quarter EPS of €0.13 on revenue of €2.17B, compared to forecast for EPS of €0.05 on revenue of €2.07B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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