Investing.com - Airbus Group (PA:AIR) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Airbus Group announced earnings per share of €2.38 on revenue of €14.18B. Analysts polled by Investing.com anticipated EPS of €1.44 on revenue of €13.71B.
Airbus Group shares are up 19% from the beginning of the year and are trading at €120.20 , down-from-52-week-high.They are under-performing the AEX which is up 21% from the start of the year.
Airbus Group shares gained 4.25% in intra-day trade the report.
Airbus Group follows other major Industrials sector earnings this month
Airbus Group's report follows an earnings missed by Teleperformance on Wednesday, who reported EPS of €4.31 on revenue of €1.72B, compared to forecasts EPS of €4.71 on revenue of €1.77B.
Bureau Veritas had matched expectations on Tuesday with second quarter EPS of €0.43 on revenue of €1.26B, compared to forecast for EPS of €0.43 on revenue of €2,347M.
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