Investing.com - Eurocommercial Properties reported on Friday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Eurocommercial Properties announced earnings per share of €0.54 on revenue of €58.35M. Analysts polled by Investing.com anticipated EPS of €0.63 on revenue of €47.31M.
Eurocommercial Properties shares are up 43.69% from the beginning of the year, still down 0.54% from its 52 week high of €22.22 set on May 7. They are outperforming 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 missed by Koninklijke KPN on April 29, who reported EPS of €0.03 on revenue of €1.29B, compared to forecasts EPS of €0.031 on revenue of €1.29B.
Randstad had beat expectations on April 21 with first quarter EPS of €0.76 on revenue of €5.53B, compared to forecast for EPS of €0.7591 on revenue of €5.44B.
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