Investing.com - Airbus Group (PA:AIR) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Airbus Group announced earnings per share of €-0.98 on revenue of €11.21B. Analysts polled by Investing.com anticipated EPS of €0.39 on revenue of €11.58B.
Airbus Group shares are down 52% from the beginning of the year, still down 55.88% from its 52 week high of €139.40 set on January 24. They are under-performing the CAC 40 which is down 23.56% from the start of the year.
Airbus Group follows other major Capital Goods sector earnings this month
Airbus Group's report follows an earnings beat by Valeo on Wednesday, who reported EPS of €-1.05 on revenue of €4.39B, compared to forecasts EPS of €-1.07 on revenue of €4.47B.
Kaufman Et Broad had missed expectations on October 2 with third quarter EPS of €0.38 on revenue of €272.42M, compared to forecast for EPS of €0.4 on revenue of €272.16M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar