Investing.com - Vesuvius reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vesuvius announced earnings per share of £0.16 on revenue of £808.1M. Analysts polled by Investing.com anticipated EPS of £19.86 on revenue of £805.09M.
Vesuvius shares are up 55% from the beginning of the year and are trading at £538.50 , down-from-52-week-high.They are outperforming the CAC 40 which is up 19.5% from the start of the year.
Vesuvius follows other major Industrials sector earnings this month
Vesuvius's report follows an earnings missed by Relx on Thursday, who reported EPS of £0.34 on revenue of £3.39B, compared to forecasts EPS of £40.30 on revenue of £3,430M.
Larsen&Toubro had missed expectations on Monday with second quarter EPS of £0.1129 on revenue of £3.94B, compared to forecast for EPS of £0.1527 on revenue of £4.03B.
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