Investing.com - Vallourec reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vallourec announced earnings per share of €-49.8 on revenue of €830M. Analysts polled by Investing.com anticipated EPS of €-13.37 on revenue of €725.74M.
Vallourec shares are up 18.21% from the beginning of the year and are trading at €31.615 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Vallourec follows other major Capital Goods sector earnings this month
Vallourec's report follows an earnings beat by Vinci on February 5, who reported EPS of €2.74 on revenue of €12.46B, compared to forecasts EPS of €2.47 on revenue of €10.34B.
Kaufman Et Broad had matched expectations on January 28 with fourth quarter EPS of €1.34 on revenue of €506M, compared to forecast for EPS of €1.34 on revenue of €505.83M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar