ACS Earnings miss, Revenue beats In Q4

  • Investing.com
ACS Earnings miss, Revenue beats In Q4
Credit: © Reuters.

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

ACS announced earnings per share of €0.724 on revenue of €7.31B. Analysts polled by Investing.com anticipated EPS of €0.7534 on revenue of €7.06B.

ACS shares are down 10% from the beginning of the year and are trading at €21.150 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is down 10.01% 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 Wednesday, who reported EPS of €0.145 on revenue of €632.4M, compared to forecasts EPS of €0.1638 on revenue of €719.73M.

Gamesa had missed expectations on Thursday, February 3, 2022 with first quarter EPS of €-0.36 on revenue of €1.83B, compared to forecast for EPS of €-0.3016 on revenue of €1.82B.

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