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Earnings Preview: Siemens

Siemens (OTC:SIEGY) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement.

Analysts estimate that Siemens will report an earnings per share (EPS) of $0.91.

Siemens bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Siemens's past performance and the resulting price change:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.93 0.88 0.08
EPS Actual 1.17 0.80 0.93 1.03
Price Change % -4.25% -1.73% -1.29% 4.12%

Stock Performance

Shares of Siemens were trading at $60.4 as of May 10. Over the last 52-week period, shares are down 28.35%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Siemens visit their earnings calendar on our site.

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

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