Lufthansa Earnings, Revenue beat In Q1

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

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

Lufthansa announced earnings per share of €-1.75 on revenue of €2.56B. Analysts polled by Investing.com anticipated EPS of €-1.81 on revenue of €2.21B.

Lufthansa shares are down 2% from the beginning of the year and are trading at €10.515 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 9.91% from the start of the year.

Lufthansa shares lost 3.95% in intra-day trade the report.

Lufthansa follows other major Transportation sector earnings this month

Lufthansa's report follows an earnings beat by Befesa on Tuesday, who reported EPS of €0.73 on revenue of €192.6M, compared to forecasts EPS of €0.48 on revenue of €189.8M.

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