Quarterly Miss

Knorr‑Bremse AG (KBX) reported a quarterly miss: revenues fell 2.7 % and statutory EPS dipped 6.5 % below analyst expectations. Despite the shortfall, the consensus from 14 analysts now forecasts a 4.5 % revenue rise to €8.25 bn in 2026, with statutory EPS projected to climb 27 % to €4.34. The average price target remains €113, reflecting a stable outlook despite divergent estimates.