Heidelbergcement Earnings miss, Revenue beats In Q2

  • Investing.com
Heidelbergcement Earnings miss, Revenue beats In Q2
Credit: © Reuters.

Investing.com - Heidelbergcement reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Heidelbergcement announced earnings per share of €-15.69 on revenue of €8.25B. Analysts polled by Investing.com anticipated EPS of €1.37 on revenue of €4.05B.

Heidelbergcement shares are down 24% from the beginning of the year and are trading at €48.600 , down-from-52-week-high.They are under-performing the CAC 40 which is down 18.82% from the start of the year.

Heidelbergcement follows other major Capital Goods sector earnings this month

Heidelbergcement's report follows an earnings beat by Koenig&Bauer AG on Wednesday, who reported EPS of €-0.46 on revenue of €232.1M, compared to forecasts EPS of €-0.95 on revenue of €230.6M.

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

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