Investing.com - Vivendi (PA:VIV) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Vivendi announced earnings per share of €0.2976 on revenue of €4.49B. Analysts polled by Investing.com anticipated EPS of €0.2926 on revenue of €4.56B.
Vivendi shares are up 10% from the beginning of the year and are trading at €29.25 , down-from-52-week-high.They are outperforming the CAC 40 which is up 5.02% from the start of the year.
Vivendi follows other major Services sector earnings this month
Vivendi's report follows an earnings missed by Kering on Wednesday, February 17, 2021, who reported EPS of €15.01 on revenue of €4B, compared to forecasts EPS of €15.16 on revenue of €4.2B.
Orange had beat expectations on Thursday, February 18, 2021 with fourth quarter EPS of €0.73 on revenue of €10.92B, compared to forecast for EPS of €0.39 on revenue of €11.03B.
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