Investing.com - Hochtief AG reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hochtief AG announced earnings per share of €1.93 on revenue of €5.79B. Analysts polled by Investing.com anticipated EPS of €-0.9544 on revenue of €5.08B.
Hochtief AG shares are down 7.1% from the beginning of the year and are trading at €65.96 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Hochtief AG shares gained 1.98% in intra-day trade the report.
Hochtief AG follows other major Industrials sector earnings this month
Hochtief AG's report follows an earnings beat by Siemens AG on February 10, 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 February 9 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar