Investing.com - Saint Gobain (PA:SGOB) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Saint Gobain announced earnings per share of €2.43 on revenue of €11.26B. Analysts polled by Investing.com anticipated EPS of €2.00 on revenue of €11.18B.
Saint Gobain shares are up 55% from the beginning of the year and are trading at €58.43 , down-from-52-week-high.They are outperforming the CAC 40 which is up 19.5% from the start of the year.
Saint Gobain follows other major Industrials sector earnings this month
Saint Gobain's report follows an earnings beat by Airbus Group on Thursday, who reported EPS of €1.79 on revenue of €14.18B, compared to forecasts EPS of €1.44 on revenue of €13.71B.
Teleperformance had missed expectations on Wednesday with second quarter EPS of €4.31 on revenue of €1.72B, compared to forecast for EPS of €4.71 on revenue of €1.77B.
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