Investing.com - Sodexo reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sodexo announced earnings per share of €0.72 on revenue of €4.32B. Analysts polled by Investing.com anticipated EPS of €1.37 on revenue of €4.4B.
Sodexo shares are up 18% from the beginning of the year and are trading at €82.26 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 18.8% from the start of the year.
Sodexo follows other major Services sector earnings this month
Sodexo's report follows an earnings matched by Orange on Tuesday, who reported EPS of €0.57 on revenue of €10.51B, compared to forecasts EPS of €0.57 on revenue of €10.56B.
Vivendi had matched expectations on Thursday, October 21, 2021 with third quarter EPS of €0.0528 on revenue of €2.48B, compared to forecast for EPS of €0.0528 on revenue of €2.35B.
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