Indra A reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Indra A announced earnings per share of €0.04 on revenue of €735M. Analysts polled by anticipated EPS of €0.12 on revenue of €752.56M. That with comparison to EPS of €0.1 on revenue of €735.62M in the same period a year before. Indra A had reported EPS of €0.31 on revenue of €916M in the previous quarter. Analysts are expecting EPS of €0.17 and revenue of €847.6M in the upcoming quarter.
Indra A shares are down 29% from the beginning of the year , still down 36.56% from its 52 week high of €11.38 set on January 20. They are outperforming the IBEX 35 which is down 30.15% year to date.
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