Investing.com - Eurocommercial Properties reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Eurocommercial Properties announced earnings per share of €-0.12 on revenue of €113.2M. Analysts polled by Investing.com anticipated EPS of €0.58 on revenue of €24.21M.
Eurocommercial Properties shares are down 60.4% from the beginning of the year, still down 66.55% from its 52 week high of €29.60 set on November 6, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Eurocommercial Properties follows other major Services sector earnings this month
Eurocommercial Properties's report follows an earnings beat by Ahold Delhaize on August 5, who reported EPS of €0.65 on revenue of €19.1B, compared to forecasts EPS of €0.42 on revenue of €17.98B.
VEON had beat expectations on August 6 with second quarter EPS of €0.03 on revenue of €1.6B, compared to forecast for EPS of €0.01 on revenue of €1.67B.
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