Legrand Earnings miss, Revenue beats In Q2

  • Investing.com
Legrand Earnings miss, Revenue beats In Q2
Credit: © Reuters.

Investing.com - Legrand reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Legrand announced earnings per share of €1.03 on revenue of €2.12B. Analysts polled by Investing.com anticipated EPS of €1.04 on revenue of €2.05B.

Legrand shares are down 7% from the beginning of the year and are trading at €79.88 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.11% from the start of the year.

Legrand follows other major Industrials sector earnings this month

Legrand's report follows an earnings missed by Airbus Group on Wednesday, who reported EPS of €0.87 on revenue of €12.81B, compared to forecasts EPS of €1.19 on revenue of €13.84B.

Thales had missed expectations on Thursday, July 21, 2022 with second quarter EPS of €2.14 on revenue of €4.05B, compared to forecast for EPS of €3.66 on revenue of €4.19B.

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

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