Investing.com - Palfinger AG reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Palfinger AG announced earnings per share of €0.92 on revenue of €804.0M. Analysts polled by Investing.com anticipated EPS of €0.32 on revenue of €437.7M.
Palfinger AG shares are up 21.43% from the beginning of the year and are trading at €31.450 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Palfinger AG follows other major Capital Goods sector earnings this month
Palfinger AG's report follows an earnings beat by Wienerberger AG on Wednesday, who reported EPS of €0.3928 on revenue of €806.2M, compared to forecasts EPS of €0.3811 on revenue of €763.22M.
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