Siemens Healthineers (OTCMKTS:SMMNY) Releases Earnings Results, Misses Expectations By $0.11 EPS

Siemens Healthineers (OTCMKTS:SMMNY) announced its quarterly earnings data on Thursday. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.11), Zacks reports.

Siemens Healthineers Price Performance

Siemens Healthineers stock traded up $0.41 during midday trading on Thursday, hitting $28.19. 31,781 shares of the company’s stock were exchanged, compared to its average volume of 80,147. The stock has a 50-day moving average price of $27.29 and a two-hundred day moving average price of $27.57. Siemens Healthineers has a 52-week low of $25.54 and a 52-week high of $31.73.

Siemens Healthineers Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 20th will be paid a $0.4862 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This is a boost from Siemens Healthineers’s previous dividend of $0.31.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded shares of Siemens Healthineers to a “strong-buy” rating in a research note on Thursday, January 30th.

About Siemens Healthineers

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.