Investing.com - EssilorLuxottica reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
EssilorLuxottica announced earnings per share of €0.19 on revenue of €4.11B. Analysts polled by Investing.com anticipated EPS of €1.86 on revenue of €4.13B.
EssilorLuxottica shares are up 9% from the beginning of the year and are trading at €139.75 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 6.03% from the start of the year.
EssilorLuxottica follows other major Healthcare sector earnings this month
EssilorLuxottica's report follows an earnings missed by Eurofins Scientific on March 1, who reported EPS of €2.5 on revenue of €1.7B, compared to forecasts EPS of €15.50 on revenue of €1.64B.
Biomerieux had beat expectations on February 24 with fourth quarter EPS of €3.41 on revenue of €852.6M, compared to forecast for EPS of €1.74 on revenue of €856M.
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