Investing.com - Legrand reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Legrand announced earnings per share of €0.7754 on revenue of €1.78B. Analysts polled by Investing.com anticipated EPS of €0.7922 on revenue of €1.78B.
Legrand shares are up 22% from the beginning of the year and are trading at €90.44 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 3.14% from the start of the year.
Legrand shares lost 1.84% in intra-day trade after the report.
Legrand follows other major Industrials sector earnings this month
Legrand's report follows an earnings beat by Vinci on Friday, February 4, 2022, who reported EPS of €3.31 on revenue of €13.55B, compared to forecasts EPS of €3.01 on revenue of €13.44B.
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