Investing.com - Sodexo reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sodexo announced earnings per share of €-4.76 on revenue of €3.9B. Analysts polled by Investing.com anticipated EPS of €-1.09 on revenue of €7,753M.
Sodexo shares are down 47% from the beginning of the year and are trading at €55.74 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 17.81% from the start of the year.
Sodexo follows other major Services sector earnings this month
Sodexo's report follows an earnings matched by Vivendi on Tuesday, October 20, 2020, who reported EPS of €0.22 on revenue of €4.02B, compared to forecasts EPS of €0.22 on revenue of €3.93B.
TF1 had beat expectations on Wednesday with third quarter EPS of €0.09 on revenue of €403M, compared to forecast for EPS of €0.03 on revenue of €436.45M.
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