Citi expects Siemens Energy (XETR:ENR) Q3 orders around €17.7B—about 4% above consensus—led by gas and Gas Services, as the company quietly repurchased ~2.6M shares in June while its stock trades near €166.68, up roughly 0.5%.
Previous Week Recap
- Siemens Energy Q3 Orders Rise: Citi sees Siemens Energy (ENR) Q3 orders ~€17.7B, ~4% above consensus; gas orders and Gas Services strongest segments. Shares near €166.68, up ~0.5%.
- ENR Buyback Totals Announced: Siemens Energy (ENR) buyback June 4–28: 2,046,430 shares repurchased on Xetra, CBOE DXE, Aquis, Turquoise; 539,190 shares bought June 22–28; average purchase price disclosed.
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