trending Market Intelligence /marketintelligence/en/news-insights/trending/Xp-InP4N84J_sVsH1u95Ug2 content esgSubNav
In This List

Schindler Holding profit misses consensus by 29.1% in Q2


Gold Market Outlook


Expand Your Perspective: Intelligence


The evolving world of central bank digital currencies


Next in Tech | Episode 66: Connected vehicles in transition

Schindler Holding profit misses consensus by 29.1% in Q2

Schindler Holding AG said its second-quarter normalized net income came to CHF1.28 per share, compared with the S&P Capital IQ consensus estimate of CHF1.80 per share.

EPS increased year over year from CHF1.26.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was CHF127.4 million, a decrease from CHF132.8 million in the year-earlier period.

The normalized profit margin dropped to 5.5% from 5.6% in the year-earlier period.

Total revenue grew on an annual basis to CHF2.47 billion from CHF2.35 billion, and total operating expenses rose from the prior-year period to CHF2.20 billion from CHF2.10 billion.

Reported net income came to CHF163.0 million, or CHF1.63 per share, compared with CHF164.0 million, or CHF1.56 per share, in the year-earlier period.