Investing.com - Fraport AG reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fraport AG announced earnings per share of €-1.97 on revenue of €249.5M. Analysts polled by Investing.com anticipated EPS of €-1.52 on revenue of €221.95M.
Fraport AG shares are down 56% from the beginning of the year and are trading at €32.760 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.61% from the start of the year.
Fraport AG follows other major Transportation sector earnings this month
Fraport AG's report follows an earnings missed by Befesa on Friday, who reported EPS of €0.17 on revenue of €122.1M, compared to forecasts EPS of €0.23 on revenue of €139.35M.
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