ACS earnings miss, Revenue beats in Q1

  • Investing.com
ACS earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - ACS reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

ACS announced earnings per share of €0.48 on revenue of €6.93B. Analysts polled by Investing.com anticipated EPS of €0.5139 on revenue of €6.81B.

ACS shares are up 3% from the beginning of the year and are trading at €24.390 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 5.89% year to date.

ACS follows other major Industrials sector earnings this month

ACS's report follows an earnings missed by Aena on Tuesday, May 3, 2022, who reported EPS of €-0.64 on revenue of €683.91M, compared to forecasts EPS of €0.00 on revenue of €590.07M.

Ferrovial had matched expectations on Thursday, May 5, 2022 with first quarter EPS of €-0.02 on revenue of €1.57B, compared to forecast for EPS of €-0.02 on revenue of €1.46B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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