Siemens Q3 EBIT beats forecasts, orders down 20 pct

Newswire

FRANKFURT, July 24 (Reuters) - Germany electronic and engineering giant Siemens AG on Wednesday posted a third-quarter operating profit which beat analyst expectations, saying it had strong earnings at several non-telecom units. Earnings before interest and tax (EBIT) for the three months ending June 30 fell to 892 million euros ($883.2 million) from 919 million the previous quarter, but up from last year's loss of 479 million euros. Sales fell four percent to 20.482 billion euros from ...

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