Investing.com - Krones AG reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Krones AG announced earnings per share of €1.27 on revenue of €987.2M. Analysts polled by Investing.com anticipated EPS of €1.06 on revenue of €940M.
Krones AG shares are down 20.91% from the beginning of the year and are trading at €75.850 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Krones AG follows other major Industrials sector earnings this month
Krones AG's report follows an earnings beat by Deutsche Post on Tuesday, who reported EPS of €1.08 on revenue of €22.59B, compared to forecasts EPS of €0.9309 on revenue of €20.54B.
MTU Aero had beat expectations on Friday, April 29, 2022 with first quarter EPS of €1.74 on revenue of €1.18B, compared to forecast for EPS of €1.52 on revenue of €1.13B.
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