Investing.com - Peugeot reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Peugeot announced earnings per share of €0.63 on revenue of €9.94B. Analysts polled by Investing.com anticipated EPS of €0.93 on revenue of €9.97B.
Peugeot shares are down 28% from the beginning of the year and are trading at €15.27 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.58% from the start of the year.
Peugeot follows other major Consumer Cyclical sector earnings this month
Peugeot's report follows an earnings missed by Louis Vuitton on Sunday, who reported EPS of €1.04 on revenue of €7.8B, compared to forecasts EPS of €7.82 on revenue of €7.61B.
Faurecia had missed expectations on Monday with second quarter EPS of €-3.16 on revenue of €2.27B, compared to forecast for EPS of €-0.77 on revenue of €2.22B.
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