Vallourec reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vallourec announced earnings per share of €-0.2 on revenue of €853M. Analysts polled by anticipated EPS of €-0.11 on revenue of €996.46M. That with comparison to EPS of €-0.2 on revenue of €1.03B in the same period a year before. Vallourec had reported EPS of €-0.2 on revenue of €1B in the previous quarter. Analysts are expecting EPS of €-0.13 and revenue of €931.8M in the upcoming quarter.
Vallourec shares are down 64.44% from the beginning of the year , still down 68.65% from its 52 week high of €3.19 set on July 25, 2019. They are under-performing the EUR/USD which is down 0% year to date.
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