Bouygues (PA:BOUY) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bouygues announced earnings per share of €-0.54 on revenue of €7.22B. Analysts polled by anticipated EPS of €0.51 on revenue of €6.96B. That with comparison to EPS of €-0.16 on revenue of €7.93B in the same period a year before. Bouygues had reported EPS of €0.9 on revenue of €10.33B in the previous quarter. Analysts are expecting EPS of €-1.14 and revenue of €7.76B in the upcoming quarter.
Bouygues shares are down 34% from the beginning of the year , still down 40.10% from its 52 week high of €41.32 set on February 20. They are under-performing the CAC 40 which is down 28.98% year to date.
Bouygues follows other major Capital Goods sector earnings this month
Bouygues's report follows an earnings missed by Airbus Group on April 29, who reported EPS of €0.23 on revenue of €10.63B, compared to forecasts EPS of €0.27 on revenue of €10.63B.
Valeo had missed expectations on April 23 with first quarter EPS of €0.16 on revenue of €4.49B, compared to forecast for EPS of €0.17 on revenue of €4.32B.
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