Investing.com - ACS reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ACS announced earnings per share of €0.5039 on revenue of €7.62B. Analysts polled by Investing.com anticipated EPS of €0.38 on revenue of €7.58B.
ACS shares are down 0% from the beginning of the year, still down 8.54% from its 52 week high of €25.26 set on June 8. They are outperforming the IBEX 35 which is down 6.5% from the start of the year.
ACS follows other major Industrials sector earnings this month
ACS's report follows an earnings beat by Aena on Wednesday, who reported EPS of €1.73 on revenue of €1.04B, compared to forecasts EPS of €0.00 on revenue of €1.04B.
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