Investing.com - Deutsche Post (DE:DPWGn) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deutsche Post announced earnings per share of €0.87 on revenue of €20.04B. Analysts polled by Investing.com anticipated EPS of €0.8277 on revenue of €18.32B.
Deutsche Post shares are up 42% from the beginning of the year and are trading at €57.820 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 21.88% from the start of the year.
Deutsche Post shares gained 3.81% in intra-day trade the report.
Deutsche Post follows other major Industrials sector earnings this month
Deutsche Post's report follows an earnings beat by MTU Aero on October 28, who reported EPS of €1.6 on revenue of €1B, compared to forecasts EPS of €1.46 on revenue of €1.08B.
Lufthansa had beat expectations on Wednesday with third quarter EPS of €-0.15 on revenue of €5.21B, compared to forecast for EPS of €-0.3197 on revenue of €5.64B.
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