Investing.com - Cofinimmo reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Cofinimmo announced earnings per share of €1.6 on revenue of €106.33M. Analysts polled by Investing.com anticipated EPS of €1.64 on revenue of €106.39M.
Cofinimmo shares are down 8% from the beginning of the year, still down 11.03% from its 52 week high of €144.20 set on November 4, 2021. They are under-performing the BEL 20 which is down 4.73% from the start of the year.
Cofinimmo follows other major Real Estate sector earnings this month
Cofinimmo's report follows an earnings matched by Warehouses de Pauw on April 22, who reported EPS of €0.29 on revenue of €70.24M, compared to forecasts EPS of €0.29 on revenue of €70.00M.
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