Investing.com - SES reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
SES announced earnings per share of €0.14 on revenue of €444M. Analysts polled by Investing.com anticipated EPS of €0.115 on revenue of €444.55M.
SES shares are up 33% from the beginning of the year and are trading at €7.74 , down-from-52-week-high.They are outperforming the Nasdaq which is up 22.68% from the start of the year.
SES shares lost 1.68% in intra-day trade after the report.
SES follows other major Services sector earnings this month
SES's report follows an earnings matched by Orange on Tuesday, October 26, 2021, who reported EPS of €0.57 on revenue of €10.51B, compared to forecasts EPS of €0.57 on revenue of €10.56B.
Suez had matched expectations on Wednesday with third quarter EPS of €0.26 on revenue of €4.29B, compared to forecast for EPS of €0.26 on revenue of €4.35B.
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