Investing.com - Veolia Environnement (OTC:VEOEY) reported on Wednesday second quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Veolia Environnement announced earnings per share of €0.29 on revenue of €9.2B. Analysts polled by Investing.com anticipated EPS of €0.29 on revenue of €9.2B.
Veolia Environnement shares are down 25% from the beginning of the year, still down 27.95% from its 52 week high of €33.49 set on January 10. They are under-performing the CAC 40 which is down 10.25% from the start of the year.
Veolia Environnement shares lost 2.23% in intra-day trade following the report.
Veolia Environnement follows other major Utilities sector earnings this month
Veolia Environnement's report follows an earnings beat by Engie on Friday, who reported EPS of €0.48 on revenue of €17.57B, compared to forecasts EPS of €0.41 on revenue of €15.5B.
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