Investing.com - ACS reported on Thursday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
ACS announced earnings per share of €0.1405 on revenue of €8.48B. Analysts polled by Investing.com anticipated EPS of €0.1405 on revenue of €7.44B.
ACS shares are down 5% from the beginning of the year, still down 12.96% from its 52 week high of €29.48 set on January 15. They are under-performing the IBEX 35 which is up 3.02% from the start of the year.
ACS follows other major Capital Goods sector earnings this month
ACS's report follows an earnings beat by Gamesa on January 29, who reported EPS of €0.075 on revenue of €2.3B, compared to forecasts EPS of €0.02 on revenue of €2.3B.
Ferrovial had missed expectations on Thursday with fourth quarter EPS of €-0.14 on revenue of €1.9B, compared to forecast for EPS of €-0.07 on revenue of €1.85B.
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