Investing.com - Atlas Copco B reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Atlas Copco B announced earnings per share of kr1.3 on revenue of kr38.1. Analysts polled by Investing.com anticipated EPS of kr1.2 on revenue of kr34.95B.
Atlas Copco B shares are down 29% from the beginning of the year and are trading at kr98.3 , down-from-52-week-high.
Atlas Copco B follows other major Industrials sector earnings this month
Atlas Copco B's report follows an earnings beat by Atlas Copco A on Wednesday, who reported EPS of kr1.34 on revenue of kr38.07B, compared to forecasts EPS of kr1.18 on revenue of kr34.95B.
Sandvik AB had missed expectations on Monday with third quarter EPS of kr2.7 on revenue of kr29.27B, compared to forecast for EPS of kr2.73 on revenue of kr26.89B.
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