Investing.com - Andritz AG reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Andritz AG announced earnings per share of €0.75 on revenue of €1.53B. Analysts polled by Investing.com anticipated EPS of €0.8304 on revenue of €1.58B.
Andritz AG shares are up 24% from the beginning of the year, still down 4.23% from its 52 week high of €48.78 set on June 25. They are outperforming the STOXX 600 which is up 15.87% from the start of the year.
Andritz AG shares lost 2.22% in intra-day trade following the report.
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