Investing.com - Gecina reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gecina announced earnings per share of €6.31 on revenue of €301.9M. Analysts polled by Investing.com anticipated EPS of €2.59 on revenue of €298.89M.
Gecina shares are down 4% from the beginning of the year and are trading at €116.80 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 4.77% from the start of the year.
Gecina follows other major Real Estate sector earnings this month
Gecina's report follows an earnings beat by Mercialys on Monday, who reported EPS of €0.67 on revenue of €172.2M, compared to forecasts EPS of €0.45 on revenue of €89.44M.
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