Investing.com - SNC-Lavalin Group reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$0.31 on revenue of C$1.87B. Analysts polled by Investing.com anticipated EPS of C$0.3 on revenue of C$1.81B. .
SNC-Lavalin Group shares lost 3.67% to trade at C$22.56 in intra-day trade following the report.
For the year, SNC-Lavalin Group shares are down 2.13%, outperforming the S&P/TSX which is down 7.8% year to date.
SNC-Lavalin Group follows other major Industrials sector earnings this month
On Thursday, Thomson Reuters reported second quarter EPS of C$0.773 on revenue of C$2.08B, compared to forecasts of EPS of C$0.6837 on revenue of C$2.07B.
TFI Intl earnings beat analyst's expectations on Thursday, July 28, 2022, with second quarter EPS of C$2.61 on revenue of C$2.42B. Investing.com analysts expected EPS of C$1.8 on revenue of C$2.28B
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