Investing.com - FLSmidth&Co reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
FLSmidth&Co announced earnings per share of kr2.44 on revenue of kr5.03B. Analysts polled by Investing.com anticipated EPS of kr2.27 on revenue of kr4.7B.
FLSmidth&Co shares are up 34.73% from the beginning of the year, still down 28.20% from its 52 week high of kr270.50 set on November 11, 2021. They are outperforming the STOXX 600 which is down 14.72% from the start of the year.
FLSmidth&Co follows other major Industrials sector earnings this month
FLSmidth&Co's report follows an earnings missed by SAS on August 26, who reported EPS of kr-0.25 on revenue of kr8.58B, compared to forecasts EPS of kr-0.24 on revenue of kr10.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar