SIEGY - Siemens: A Key Catalyst Could Falter
Source: Barron's
Siemens (SIEGY) reports quarterly earnings on February 5th. The company's earnings could be a proxy for the strength of Europe's economy. The company's revenue stream is well-diversified, yet its industrial businesses will likely be subjected to the vagaries of the global economy. Investors should focus on the following key items.
Automotive Markets Could Weigh
I have been bearish on the global economy for a number of years, yet revenue growth from Siemens has belied any economic weakness. Last quarter Siemens reported total revenue of EUR 24.5 billion, up 8% Y/Y. Each