Investing.com - Sodexo (PA:EXHO) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sodexo announced earnings per share of €-4.76 on revenue of €3.9B. Analysts polled by Investing.com anticipated EPS of €-1.09 on revenue of €7,753M.
Sodexo shares are down 47% from the beginning of the year, still down 48.63% from its 52 week high of €108.50 set on November 7, 2019. They are under-performing the STOXX 600 which is down 17.81% from the start of the year.
Sodexo follows other major Services sector earnings this month
Sodexo's report follows an earnings matched by Vivendi on October 20, who reported EPS of €0.22 on revenue of €4.02B, compared to forecasts EPS of €0.22 on revenue of €3.93B.
TF1 had beat expectations on Wednesday with third quarter EPS of €0.09 on revenue of €403M, compared to forecast for EPS of €0.03 on revenue of €436.45M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar