Investing.com - Atlantia reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Atlantia announced earnings per share of €0.2374 on revenue of €1.82B. Analysts polled by Investing.com anticipated EPS of €0.0461 on revenue of €1.78B.
Atlantia shares are down 8% from the beginning of the year, still down 10.77% from its 52 week high of €17.92 set on January 4. They are outperforming the STOXX 600 which is down 11.61% from the start of the year.
Atlantia follows other major Industrials sector earnings this month
Atlantia's report follows an earnings beat by Prysmian on March 2, who reported EPS of €0.63 on revenue of €3.44B, compared to forecasts EPS of €0.4738 on revenue of €3.06B.
Leonardo had beat expectations on Thursday with first quarter EPS of €0.621 on revenue of €4.57B, compared to forecast for EPS of €0.5229 on revenue of €4.62B.
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