Investing.com - Bouygues (PA:BOUY) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bouygues announced earnings per share of €-0.19 on revenue of €7.54B. Analysts polled by Investing.com anticipated EPS of €-0.24 on revenue of €6.99B.
Bouygues shares are down 10% from the beginning of the year, still down 17.57% from its 52 week high of €41.32 set on February 20. They are outperforming the STOXX 600 which is down 11.13% from the start of the year.
Bouygues follows other major Capital Goods sector earnings this month
Bouygues's report follows an earnings missed by Airbus Group on July 30, who reported EPS of €-1.23 on revenue of €8.32B, compared to forecasts EPS of €-1.02 on revenue of €8.52B.
Safran had missed expectations on July 30 with second quarter EPS of €1.14 on revenue of €3.38B, compared to forecast for EPS of €1.36 on revenue of €3.56B.
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