Investing.com - Orange reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Orange announced earnings per share of €0.4 on revenue of €10.58B. Analysts polled by Investing.com anticipated EPS of €0.4 on revenue of €10.51B.
Orange shares are down 27% from the beginning of the year and are trading at €9.53 , down-from-52-week-high.They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 1.52% from the start of the year.
Orange follows other major Services sector earnings this month
Orange's report follows an earnings matched by Vivendi on October 20, who reported EPS of €0.22 on revenue of €4.02B, compared to forecasts EPS of €0.22 on revenue of €3.93B.
Sodexo had missed expectations on Thursday with fourth quarter EPS of €-4.76 on revenue of €3.9B, compared to forecast for EPS of €-1.09 on revenue of €7,753M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar