Investing.com - Deutsche Post (OTC:DPSGY) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deutsche Post announced earnings per share of €1.2 on revenue of €24.03B. Analysts polled by Investing.com anticipated EPS of €0.9836 on revenue of €22.31B.
Deutsche Post shares are down 29% from the beginning of the year, still down 34.94% from its 52 week high of €61.38 set on August 31, 2021. They are under-performing the Euro Stoxx 50 which is down 12.71% from the start of the year.
Deutsche Post follows other major Industrials sector earnings this month
Deutsche Post's report follows an earnings beat by MTU Aero on July 27, who reported EPS of €2.14 on revenue of €1.29B, compared to forecasts EPS of €1.87 on revenue of €1.25B.
Lufthansa had beat expectations on Thursday with second quarter EPS of €0.22 on revenue of €8.46B, compared to forecast for EPS of €0.0789 on revenue of €8.01B.
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