Investing.com - Bouygues (PA:BOUY) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Bouygues announced earnings per share of €0.6774 on revenue of €9.73B. Analysts polled by Investing.com anticipated EPS of €0.7274 on revenue of €9.76B.
Bouygues shares are down 2% from the beginning of the year and are trading at €30.61 , down-from-52-week-high.They are outperforming the CAC 40 which is down 9.42% from the start of the year.
Bouygues shares lost 3.74% in intra-day trade the report.
Bouygues follows other major Industrials sector earnings this month
Bouygues's report follows an earnings beat by Airbus Group on February 17, who reported EPS of €1.49 on revenue of €16.99B, compared to forecasts EPS of €1.27 on revenue of €17.11B.
Schneider Electric had missed expectations on February 17 with fourth quarter EPS of €2.89 on revenue of €7.91B, compared to forecast for EPS of €3.02 on revenue of €7.81B.
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