Investing.com - OMV AG reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
OMV AG announced earnings per share of €3.27 on revenue of €15.83B. Analysts polled by Investing.com anticipated EPS of €2.85 on revenue of €12.66B.
OMV AG shares are down 26% from the beginning of the year, still down 15.01% from its 52 week high of €58.68 set on February 11. They are under-performing the STOXX 600 which is down 7.4% from the start of the year.
OMV AG shares gained 7.20% in intra-day trade following the report.
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