Investing.com - Veolia Environnement (OTC:VEOEY) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Veolia Environnement announced earnings per share of €0.32 on revenue of €6.98B. Analysts polled by Investing.com anticipated EPS of €0.26 on revenue of €6.91B.
Veolia Environnement shares are up 17% from the beginning of the year, still down 17.78% from its 52 week high of €28.68 set on March 5, 2020. They are outperforming the CAC 40 which is up 4.71% from the start of the year.
Veolia Environnement shares gained 0.98% in intra-day trade following the report.
Veolia Environnement follows other major Services sector earnings this month
Veolia Environnement's report follows an earnings missed by Kering on February 17, who reported EPS of €15.01 on revenue of €4B, compared to forecasts EPS of €15.16 on revenue of €4.2B.
Orange had beat expectations on February 18 with fourth quarter EPS of €0.73 on revenue of €10.92B, compared to forecast for EPS of €0.39 on revenue of €11.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar