Investing.com - Schneider Electric (PA:SCHN) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Schneider Electric announced earnings per share of €2.89 on revenue of €7.91B. Analysts polled by Investing.com anticipated EPS of €3.02 on revenue of €7.75B.
Schneider Electric shares are up 32% from the beginning of the year, still down 18.11% from its 52 week high of €178.78 set on January 4. They are outperforming the STOXX 600 which is down 4.77% from the start of the year.
Schneider Electric follows other major Industrials sector earnings this month
Schneider Electric's report follows an earnings beat by Airbus Group on Thursday, who reported EPS of €1.49 on revenue of €16.99B, compared to forecasts EPS of €1.26 on revenue of €17.15B.
Vinci had beat expectations on February 4 with fourth quarter EPS of €3.31 on revenue of €13.55B, compared to forecast for EPS of €3.01 on revenue of €13.44B.
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