Lufthansa Earnings beat, Revenue misses In Q1

  • Investing.com
Lufthansa Earnings beat, Revenue misses In Q1
Credit: © Reuters.

Investing.com - Lufthansa reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Lufthansa announced earnings per share of €0.0378 on revenue of €5.83B. Analysts polled by Investing.com anticipated EPS of €-0.0844 on revenue of €6.03B.

Lufthansa shares are down 0% from the beginning of the year and are trading at €6.215 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 8.8% from the start of the year.

Lufthansa shares lost 6.20% in intra-day trade the report.

Lufthansa follows other major Industrials sector earnings this month

Lufthansa's report follows an earnings beat by Siemens AG on Thursday, February 10, 2022, who reported EPS of €2.04 on revenue of €16.5B, compared to forecasts EPS of €1.86 on revenue of €16.06B.

Siemens Energy AG had missed expectations on Wednesday, February 9, 2022 with first quarter EPS of €-0.18 on revenue of €5.96B, compared to forecast for EPS of €0.1462 on revenue of €5.96B.

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