Investing.com - ABB ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ABB ADR announced earnings per share of $0.22 on revenue of $6.15B. Analysts polled by Investing.com anticipated EPS of $0.1 on revenue of $5.6B.
ABB ADR shares are up 3.15% from the beginning of the year and are trading at $24.85 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
ABB ADR follows other major Technology sector earnings this month
ABB ADR's report follows an earnings beat by Taiwan Semiconductor on July 15, who reported EPS of $0.79 on revenue of $10.55B, compared to forecasts EPS of $0.72 on revenue of $10.38B.
Accenture had beat expectations on June 25 with third quarter EPS of $1.9 on revenue of $10.99B, compared to forecast for EPS of $1.86 on revenue of $10.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar