OMV AG reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
OMV AG announced earnings per share of €0.97 on revenue of €4.76B. Analysts polled by anticipated EPS of €1 on revenue of €5.24B. That with comparison to EPS of €1.06 on revenue of €5.4B in the same period a year before. OMV AG had reported EPS of €0.95 on revenue of €6.07B in the previous quarter. Analysts are expecting EPS of €0.19 and revenue of €4.28B in the upcoming quarter.
OMV AG shares are down 41% from the beginning of the year , still down 46.84% from its 52 week high of €55.18 set on November 7, 2019. They are under-performing the STOXX 600 which is down 16.66% year to date.
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