Investing.com - Legrand reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Legrand announced earnings per share of €0.7754 on revenue of €1.78B. Analysts polled by Investing.com anticipated EPS of €0.7922 on revenue of €1.78B.
Legrand shares are up 22% from the beginning of the year and are trading at €90.44 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 3.14% from the start of the year.
Legrand shares lost 1.84% in intra-day trade the report.
Legrand follows other major Industrials sector earnings this month
Legrand's report follows an earnings beat by Vinci on Friday, February 4, 2022, who reported EPS of €3.31 on revenue of €13.55B, compared to forecasts EPS of €3.01 on revenue of €13.44B.
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