Investing.com - Airbus Group reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Airbus Group announced earnings per share of €-0.36 on revenue of €8.32B. Analysts polled by Investing.com anticipated EPS of €-0.57 on revenue of €8.66B.
Airbus Group shares are down 30% from the beginning of the year , still down 54.56% from its 52 week high of €139.40 set on Friday, January 24, 2020. They are under-performing the STOXX 600 which is down 13.54% year to date.
Airbus Group follows other major Capital Goods sector earnings this month
Airbus Group's report follows an earnings missed by Dassault Aviation on Thursday, July 23, 2020, who reported EPS of €3.85 on revenue of €2.65B, compared to forecasts EPS of €9.59 on revenue of €2,445M.
Valeo had matched expectations on Tuesday, July 21, 2020 with second quarter EPS of €0.02 on revenue of €2.57B, compared to forecast for EPS of €0.02 on revenue of €2.82B.
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