By Nina Kienle

Siemens is scheduled to report fourth-quarter results on Thursday. Here is what you need to know:

REVENUE FORECAST: The German industrial company is expected to post 21.43 billion euros ($24.82 billion) in revenue for the quarter to September, according to a company-provided consensus. That compares with the 20.81 billion euros it reported in the prior-year period. According to the same consensus, analysts expect full-year revenue to amount to 78.78 billion euros, an increase from the 75.93 billion euros it reported the year before.

NET-PROFIT FORECAST: Siemens's fourth-quarter net profit is expected at 1.86 billion euros, according to consensus estimates provided by Visible Alpha, down from 1.90 billion euros. Full-year net profit is expected at 9.55 billion euros, according to the same consensus. Siemens posted 2024 net profit of 8.30 billion euros.

In early afternoon European trading, Siemens shares trade 1.8% higher at 251.75 euros and have risen 33% year to date.

--The German conglomerate will host its capital markets day on Thursday. Focus is expected to remain on the outlook for the stake it holds in Siemens Healthineers and clarity on the ownership is anticipated, UBS and Barclays analysts said in notes to clients. Information on ownership and timeline could support one of the most compelling product cycle stories in European medical technology, Barclays analysts added. A Healthineers exit would be positive in terms of capital allocation and group performance, RBC Capital Markets analysts said. Siemens will also provide insights into its One Tech Company program.

--Siemens is expected to give overall in-line fourth-quarter results for digital industries, smart infrastructure and mobility, UBS said. Key focus is expected to be on cyclical development in digital industries hardware, as well as software delivery and the orders evolution in smart infrastructure, they said. RBC also expects more information around the software business at the CMD.

--"We expect fiscal 2026 guidance to be broadly supportive to the current consensus estimate for the core business," UBS said. However, given the macroeconomic uncertainties, they are unlikely to be too positive, RBC said.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

November 12, 2025 07:23 ET (12:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.