Investing.com - Arcadis reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Arcadis announced earnings per share of €0.87 on revenue of €1.28B. Analysts polled by Investing.com anticipated EPS of €0.44 on revenue of €760.00M.
Arcadis shares are up 26% from the beginning of the year and are trading at €38.30 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 8.06% from the start of the year.
Arcadis follows other major Industrials sector earnings this month
Arcadis's report follows an earnings beat by Randstad on Tuesday, who reported EPS of €1.03 on revenue of €6.08B, compared to forecasts EPS of €0.9208 on revenue of €5.89B.
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