Investing.com - Veolia Environnement (PA:VIE) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Veolia Environnement announced earnings per share of €0.2603 on revenue of €6.51B. Analysts polled by Investing.com anticipated EPS of €0.27 on revenue of €6.45B.
Veolia Environnement shares are up 42% from the beginning of the year and are trading at €30.12 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 21.88% from the start of the year.
Veolia Environnement shares gained 3.93% in intra-day trade the report.
Veolia Environnement follows other major Services sector earnings this month
Veolia Environnement's report follows an earnings matched by Orange on October 26, who reported EPS of €0.57 on revenue of €10.51B, compared to forecasts EPS of €0.57 on revenue of €10.56B.
Suez had matched expectations on Wednesday with third quarter EPS of €0.26 on revenue of €4.29B, compared to forecast for EPS of €0.26 on revenue of €4.35B.
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