Investing.com - ASE Industrial ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ASE Industrial ADR announced earnings per share of 0.1391 on revenue of 4.28B. Analysts polled by Investing.com anticipated EPS of 0.1187 on revenue of 4.41B.
ASE Industrial ADR shares are up 24.7% from the beginning of the year and are trading at 8.40 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 10.21% from the start of the year.
ASE Industrial ADR follows other major Capital Goods sector earnings this month
ASE Industrial ADR's report follows an earnings beat by ASML ADR on Wednesday, April 21, 2021, who reported EPS of 3.86 on revenue of 5.25B, compared to forecasts EPS of 3.07 on revenue of 4.81B.
Honeywell had beat expectations on Friday with first quarter EPS of 1.92 on revenue of 8.45B, compared to forecast for EPS of 1.8 on revenue of 8.08B.
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