Investing.com - Heidelbergcement reported on Friday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Heidelbergcement announced earnings per share of €0.87 on revenue of €3.96B. Analysts polled by Investing.com anticipated EPS of €0.87 on revenue of €3.89B.
Heidelbergcement shares are up 28% from the beginning of the year and are trading at €74.320 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 11.5% from the start of the year.
Heidelbergcement follows other major Capital Goods sector earnings this month
Heidelbergcement's report follows an earnings missed by Siemens Energy AG on Wednesday, who reported EPS of €0.08 on revenue of €6.48B, compared to forecasts EPS of €0.2103 on revenue of €6.83B.
MTU Aero had beat expectations on Friday, April 30, 2021 with first quarter EPS of €1.08 on revenue of €989M, compared to forecast for EPS of €1.07 on revenue of €976.81M.
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