Investing.com - Saipem reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Saipem announced earnings per share of €-0.12 on revenue of €3.68B. Analysts polled by Investing.com anticipated EPS of €-0.21 on revenue of €1.99B.
Saipem shares are down 54% from the beginning of the year , still down 58.69% from its 52 week high of €4.75 set on September 16, 2019. They are under-performing the STOXX 600 which is down 11.63% from the start of the year.
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