Wirecard AG (OTC:WCAGY) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wirecard AG announced earnings per share of €1.12 on revenue of €700.2M. Analysts polled by anticipated EPS of €1.07 on revenue of €696.69M. That with comparison to EPS of €0.86 on revenue of €566.7M in the same period a year before. Wirecard AG had reported EPS of €1.23 on revenue of €835M in the previous quarter. Analysts are expecting EPS of €1.28 and revenue of €788.58M in the upcoming quarter.
Wirecard AG shares are down 28% from the beginning of the year , still down 52.81% from its 52 week high of €162.30 set on May 28, 2019. They are under-performing the DAX which is down 20.75% year to date.
Wirecard AG follows other major Services sector earnings this month
Wirecard AG's report follows an earnings matched by Deutsche Telekom AG on Thursday, who reported EPS of €0.27 on revenue of €19.94B, compared to forecasts EPS of €0.27 on revenue of €20.09B.
Deutsche Post had missed expectations on Tuesday with first quarter EPS of €0.38 on revenue of €15.49B, compared to forecast for EPS of €0.39 on revenue of €15.4B.
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