Prysmian earnings, Revenue beat in Q2

  • Investing.com
Prysmian earnings, Revenue beat in Q2
Credit: © Reuters.

Investing.com - Prysmian reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Prysmian announced earnings per share of €0.5108 on revenue of €4.27B. Analysts polled by Investing.com anticipated EPS of €0.4927 on revenue of €3.68B.

Prysmian shares are down 6% from the beginning of the year and are trading at €30.9500 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.15% year to date.

Prysmian follows other major Industrials sector earnings this month

Prysmian's report follows an earnings beat by Leonardo on Thursday, who reported EPS of €0.333 on revenue of €3.57B, compared to forecasts EPS of €0.274 on revenue of €3.6B.

Iveco NV had beat expectations on Thursday with second quarter EPS of €0.2 on revenue of €3.37B, compared to forecast for EPS of €0.1433 on revenue of €3.17B.

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

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