Investing.com - Airbus Group (PA:AIR) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Airbus Group announced earnings per share of €2.01 on revenue of €16.99B. Analysts polled by Investing.com anticipated EPS of €1.26 on revenue of €17.15B.
Airbus Group shares are up 3% from the beginning of the year and are trading at €116.60 , down-from-52-week-high.They are outperforming the CAC 40 which is down 2.55% from the start of the year.
Airbus Group shares lost 1.09% in intra-day trade the report.
Airbus Group follows other major Industrials sector earnings this month
Airbus Group's report follows an earnings beat by Vinci on February 4, who reported EPS of €3.31 on revenue of €13.55B, compared to forecasts EPS of €3.01 on revenue of €13.44B.
Legrand had missed expectations on February 10 with fourth quarter EPS of €0.76 on revenue of €1.83B, compared to forecast for EPS of €0.7877 on revenue of €1.83B.
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