Investing.com - Thales reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Thales announced earnings per share of €1.96 on revenue of €9.24B. Analysts polled by Investing.com anticipated EPS of €2.90 on revenue of €9,375M.
Thales shares are down 5.13% from the beginning of the year and are trading at €82.98 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 2.95% from the start of the year.
Thales shares lost 100.00% in pre-market trade the report.
Thales follows other major Technology sector earnings this month
Thales's report follows an earnings missed by Schneider Electric on Thursday, February 11, 2021, who reported EPS of €2.42 on revenue of €7.08B, compared to forecasts EPS of €2.6 on revenue of €7.08B.
Dassault Systemes had beat expectations on Tuesday, February 9, 2021 with fourth quarter EPS of €1.22 on revenue of €1.22B, compared to forecast for EPS of €1.21 on revenue of €1.22B.
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