Investing.com - ASE Industrial ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ASE Industrial ADR announced earnings per share of 0.1644 on revenue of 4.54B. Analysts polled by Investing.com anticipated EPS of 0.1561 on revenue of 4.59B.
ASE Industrial ADR shares are up 0.93% from the beginning of the year, still down 8.67% from its 52 week high of 9.00 set on February 16. They are outperforming the EUR/USD which is down 0% from the start of the year.
ASE Industrial ADR follows other major Capital Goods sector earnings this month
ASE Industrial ADR's report follows an earnings beat by Otis Worldwide on Monday, who reported EPS of 0.79 on revenue of 3.7B, compared to forecasts EPS of 0.7174 on revenue of 3.46B.
NVR had beat expectations on July 21 with second quarter EPS of 82.45 on revenue of 2.22B, compared to forecast for EPS of 72.43 on revenue of 2.22B.
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