Investing.com - Arcadis reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Arcadis announced earnings per share of €0.5 on revenue of €729M. Analysts polled by Investing.com anticipated EPS of €0.48 on revenue of €912M.
Arcadis shares are down 15.07% from the beginning of the year and are trading at €35.96 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Arcadis follows other major Industrials sector earnings this month
Arcadis's report follows an earnings missed by Randstad on Tuesday, who reported EPS of €1.25 on revenue of €6.89B, compared to forecasts EPS of €1.29 on revenue of €6.8B.
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