Investing.com - Sodexo (PA:EXHO) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sodexo announced earnings per share of €0.72 on revenue of €4.32B. Analysts polled by Investing.com anticipated EPS of €1.37 on revenue of €4.4B.
Sodexo shares are up 18% from the beginning of the year, still down 6.57% from its 52 week high of €88.04 set on March 9. They are under-performing the STOXX 600 which is up 18.8% from the start of the year.
Sodexo follows other major Services sector earnings this month
Sodexo's report follows an earnings matched by Orange on Tuesday, who reported EPS of €0.57 on revenue of €10.51B, compared to forecasts EPS of €0.57 on revenue of €10.56B.
Vivendi had matched expectations on October 21 with third quarter EPS of €0.0528 on revenue of €2.48B, compared to forecast for EPS of €0.0528 on revenue of €2.35B.
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