Investing.com - Bouygues (PA:BOUY) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bouygues announced earnings per share of €-0.54 on revenue of €7.22B. Analysts polled by Investing.com anticipated EPS of €0.51 on revenue of €6.96B. That with comparison to EPS of €-0.16 on revenue of €7.93B in the same period a year before.Bouygues had reported EPS of €0.9 on revenue of €10.33B in the previous quarter.Analysts are expecting EPS of €-1.14 and revenue of €7.76B in the upcoming quarter.
Bouygues shares are down 34% from the beginning of the year and are trading at €24.75 , down-from-52-week-high.They are under-performing the CAC 40 which is down 28.98% year to date.
Bouygues follows other major Capital Goods sector earnings this month
Bouygues's report follows an earnings missed by Airbus Group on Wednesday, April 29, 2020, who reported EPS of €0.23 on revenue of €10.63B, compared to forecasts EPS of €0.27 on revenue of €10.63B.
Valeo had missed expectations on Thursday, April 23, 2020 with first quarter EPS of €0.16 on revenue of €4.49B, compared to forecast for EPS of €0.17 on revenue of €4.32B.
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