Investing.com - Bouygues (EPA:BOUY) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bouygues announced earnings per share of €0.6592 on revenue of €10.33B. Analysts polled by Investing.com anticipated EPS of €0.6148 on revenue of €10.06B.
Bouygues shares are down 7% from the beginning of the year, still down 21.39% from its 52 week high of €37.22 set on September 28, 2021. They are outperforming the STOXX 600 which is down 10.71% from the start of the year.
Bouygues shares lost 0.07% in intra-day trade following the report.
Bouygues follows other major Industrials sector earnings this month
Bouygues's report follows an earnings beat by Airbus Group on July 27, who reported EPS of €1.26 on revenue of €12.81B, compared to forecasts EPS of €1.2 on revenue of €13.41B.
Thales had missed expectations on July 21 with second quarter EPS of €2.14 on revenue of €4.05B, compared to forecast for EPS of €3.66 on revenue of €4.19B.
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