Investing.com - Orange reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orange announced earnings per share of €0.16 on revenue of €10.32B. Analysts polled by Investing.com anticipated EPS of €0.2 on revenue of €10.31B.
Orange shares are up 5% from the beginning of the year and are trading at €10.31 , down-from-52-week-high.They are under-performing the CAC 40 which is up 12.73% from the start of the year.
Orange follows other major Services sector earnings this month
Orange's report follows an earnings missed by Vivendi on Thursday, who reported EPS of €0.3294 on revenue of €3.9B, compared to forecasts EPS of €0.33 on revenue of €3.92B.
Sodexo had beat expectations on Thursday, April 1, 2021 with second quarter EPS of €0.22 on revenue of €4.16B, compared to forecast for EPS of €0.13 on revenue of €4.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar