Investing.com - Veolia Environnement (OTC:VEOEY) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Veolia Environnement announced earnings per share of €-0.23 on revenue of €12.41B. Analysts polled by Investing.com anticipated EPS of €0.2 on revenue of €6.3B.
Veolia Environnement shares are down 30% from the beginning of the year , still down 32.83% from its 52 week high of €29.09 set on February 20. They are under-performing the STOXX 600 which is down 13.54% from the start of the year.
Veolia Environnement follows other major Services sector earnings this month
Veolia Environnement's report follows an earnings missed by Kering on Tuesday, who reported EPS of €2.25 on revenue of €2.18B, compared to forecasts EPS of €14.54 on revenue of €2.43B.
Orange had beat expectations on Thursday with second quarter EPS of €0.35 on revenue of €20.77B, compared to forecast for EPS of €0.2 on revenue of €10.3B.
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