Investing.com - Prysmian reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Prysmian announced earnings per share of €0.48 on revenue of €3.68B. Analysts polled by Investing.com anticipated EPS of €0.2936 on revenue of €3.32B.
Prysmian shares are down 15% from the beginning of the year and are trading at €27.9100 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 13% from the start of the year.
Prysmian follows other major Industrials sector earnings this month
Prysmian's report follows an earnings beat by Leonardo on Thursday, May 5, 2022, who reported EPS of €0.129 on revenue of €3.01B, compared to forecasts EPS of €0.0238 on revenue of €2.93B.
Enav had beat expectations on Thursday, April 21, 2022 with first quarter EPS of €0.0348 on revenue of €205.75M, compared to forecast for EPS of €0.03 on revenue of €219.58M.
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