Investing.com - Arcadis reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Arcadis announced earnings per share of €0.48 on revenue of €804M. Analysts polled by Investing.com anticipated EPS of €0.55 on revenue of €765M.
Arcadis shares are up 30% from the beginning of the year, still down 14.05% from its 52 week high of €47.82 set on October 20. They are outperforming the OMX Helsinki 25 which is up 17.68% from the start of the year.
Arcadis follows other major Capital Goods sector earnings this month
Arcadis's report follows an earnings missed by BE Semiconductor on Tuesday, who reported EPS of €1 on revenue of €208.31M, compared to forecasts EPS of €1.01 on revenue of €207.39M.
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