Bechtle Earnings, Revenue beat In Q1

  • Investing.com
Bechtle Earnings, Revenue beat In Q1

Investing.com - Bechtle reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Bechtle announced earnings per share of €0.87 on revenue of €1.36B. Analysts polled by Investing.com anticipated EPS of €0.85 on revenue of €1.35B. That with comparison to EPS of €0.75 on revenue of €1.24B in the same period a year before.Bechtle had reported EPS of €1.42 on revenue of €1.6B in the previous quarter.Analysts are expecting EPS of €0.94 and revenue of €1.21B in the upcoming quarter.

Bechtle shares are down 12% from the beginning of the year and are trading at €148.10 , down-from-52-week-high.They are outperforming the FTSE MIB which is down 26.13% year to date.

Bechtle follows other major Technology sector earnings this month

Bechtle's report follows an earnings missed by SAP on Tuesday, April 21, 2020, who reported EPS of €0.85 on revenue of €6.52B, compared to forecasts EPS of €0.93 on revenue of €6.51B.

Infineon had missed expectations on Tuesday with second quarter EPS of €0.13 on revenue of €1.99B, compared to forecast for EPS of €0.17 on revenue of €1.98B.

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

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