Investing.com - Cofinimmo reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cofinimmo announced earnings per share of €1.94 on revenue of €78.86M. Analysts polled by Investing.com anticipated EPS of €1.79 on revenue of €77.63M.
Cofinimmo shares are up 38% from the beginning of the year, still down 0.70% from its 52 week high of €142.40 set on August 17. They are outperforming the PSI 20 which is up 16.19% from the start of the year.
Cofinimmo follows other major Services sector earnings this month
Cofinimmo's report follows an earnings matched by Warehouses de Pauw on October 20, who reported EPS of €0.29 on revenue of €64.17M, compared to forecasts EPS of €0.29 on revenue of €126.10M.
Orange Belgium had missed expectations on October 21 with third quarter EPS of €0.3008 on revenue of €346.3M, compared to forecast for EPS of €0.4375 on revenue of €346.25M.
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