Siemens: Q2 Earnings Insights – Siemens (OTC:SIEGY)

Siemens SIEGY reported its Q2 earnings results on Wednesday, May 17, 2023 at 02:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Siemens beat estimated earnings by 29.25%, reporting an EPS of $1.37 versus an estimate of $1.06.

Revenue was up $1.71 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 2.1% drop in the share price the next day.

To track all earnings releases for Siemens visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.