Investing.com - Wolters Kluwer reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wolters Kluwer announced earnings per share of €1.76 on revenue of €2.60B. Analysts polled by Investing.com anticipated EPS of €1.70 on revenue of €2,455M.
Wolters Kluwer shares are up 3% from the beginning of the year, still down 3.59% from its 52 week high of €111.40 set on August 3. They are outperforming the STOXX 600 which is down 10.15% from the start of the year.
Wolters Kluwer follows other major Industrials sector earnings this month
Wolters Kluwer's report follows an earnings missed by Randstad on July 26, who reported EPS of €1.25 on revenue of €6.89B, compared to forecasts EPS of €1.27 on revenue of €6.79B.
Signify had beat expectations on July 29 with second quarter EPS of €1.97 on revenue of €1.84B, compared to forecast for EPS of €0.8098 on revenue of €1.79B.
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