Investing.com - Veolia Environnement (OTC:VEOEY) reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Veolia Environnement announced earnings per share of €0.17 on revenue of €6.29B. Analysts polled by Investing.com anticipated EPS of €0.17 on revenue of €6.21B.
Veolia Environnement shares are down 25% from the beginning of the year, still down 39.02% from its 52 week high of €29.09 set on February 20. They are under-performing the CAC 40 which is down 16.78% from the start of the year.
Veolia Environnement shares gained 2.28% in intra-day trade following the report.
Veolia Environnement follows other major Services sector earnings this month
Veolia Environnement'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.
Orange had missed expectations on October 29 with third quarter EPS of €0.39 on revenue of €10.58B, compared to forecast for EPS of €0.4 on revenue of €10.52B.
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