|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.20 - 21.62|
|52 Week Range||13.80 - 29.80|
|Beta (5Y Monthly)||1.87|
|PE Ratio (TTM)||142.27|
|Earnings Date||Jul 26, 2022|
|Forward Dividend & Yield||0.35 (1.69%)|
|Ex-Dividend Date||May 27, 2022|
|1y Target Est||22.13|
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Siemens AG (OTC: SIEGY) reported third-quarter FY22 revenue growth of 11% year-on-year to €17.9 billion. Orders rose 7% Y/Y to €22 billion. Orders increased 1%, and revenue rose 4% on a comparable basis. Profit Industrial Business increased 27% Y/Y, to €2.9 billion, and the corresponding profit margin excluding severance came in at 17.4% (Q2 2021: 15.1%). Basic EPS loss was €(2.06), and EPS loss before purchase price allocation accounting was €(1.85). Siemens generated €2.3 billion in free cash
Valeo's half-year earnings before interest, tax, depreciation and amortisation fell nearly 8% year-on-year to 1.11 billion euros ($1.12 billion), but beat a company-supplied analyst consensus forecast of 1.07 billion euros. "The context has been difficult," CEO Christophe Perillat told reporters, referring to microchip shortages that have dogged the automotive sector. Valeo said in February that it expected a 2022 core profit margin in a range of 11.8-12.3%, down from 13.4% last year.
European shares rose on Tuesday, led by commodity-linked stocks and automakers after China relaxed its COVID-19 quarantine mandate, with investors eyeing the European Central Bank's (ECB) annual forum for clues on monetary policies. The continent-wide STOXX 600 index was up 0.7%, rising for a third straight session amid easing concerns about aggressive central bank policy moves to tame red-hot inflation.