ACS Earnings miss, Revenue beats In Q1

  • Investing.com
ACS Earnings miss, Revenue beats In Q1
Credit: © Reuters.

Investing.com - ACS reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

ACS announced earnings per share of €0.48 on revenue of €6.93B. Analysts polled by Investing.com anticipated EPS of €0.5139 on revenue of €6.81B.

ACS shares are up 3% from the beginning of the year and are trading at €24.390 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 5.89% from the start of the year.

ACS follows other major Industrials sector earnings this month

ACS's report follows an earnings missed by Aena on Tuesday, May 3, 2022, who reported EPS of €-0.64 on revenue of €683.91M, compared to forecasts EPS of €0.00 on revenue of €590.07M.

Ferrovial had matched expectations on Thursday, May 5, 2022 with first quarter EPS of €-0.02 on revenue of €1.57B, compared to forecast for EPS of €-0.02 on revenue of €1.46B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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