Sopra Steria earnings beat, Revenue misses in Q2

Investing.com - Sopra Steria reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sopra Steria announced earnings per share of €5.55 on revenue of €1.28B. Analysts polled by Investing.com anticipated EPS of €4.94 on revenue of €2,497M.
Sopra Steria shares are up 2% from the beginning of the year and are trading at €162.10 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.68% year to date.
Sopra Steria follows other major Information Technology sector earnings this month
Sopra Steria's report follows an earnings beat by Dassault Systemes on Tuesday, who reported EPS of €0.26 on revenue of €1.38B, compared to forecasts EPS of €0.2497 on revenue of €1.33B.
STMicroelectronics had beat expectations on Thursday with second quarter EPS of €0.92 on revenue of €3.84B, compared to forecast for EPS of €0.7959 on revenue of €3.74B.
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