Siemens raises earnings forecast after strong Q1

MUNICH, Germany (Reuters) – Siemens, Europe’s biggest industrial group, raised its full-year earnings-per-share forecast on Monday after beating market expectations for first-quarter industrial profit, revenue and orders.The Munich-based trains-to-turbines group said it now expected EPS of 6.00 to 6.40 euros ($6.50 to $6.93), up from its previous forecast of 5.90 to 6.20 euros for the year ending next September. “We delivered a strong quarter and are well underway in executing