XTRA:ENRElectrical
Siemens Energy (XTRA:ENR) Stock Premium Hangs On Wind Turnaround Progress
Siemens Energy walked into this earnings day with a stock that had cooled in recent months, down double digits over 30 and 90 days, even as the latest close sat at €150.86. The headline story is not a single quarter of profit; it is the pace of profit expansion. Basic earnings per share in Q3 reached €1.28 on revenue of €11.4b, capping a trailing twelve months in which earnings growth far outpaced the broader German market.
The market now has to decide whether that earnings acceleration...