Investing.com - Renault (PA:RENA) reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Renault announced earnings per share of €-2.64 on revenue of €14.4B. Analysts polled by Investing.com anticipated EPS of €1.41 on revenue of €14.6B.
Renault shares are up 6% from the beginning of the year and are trading at €38.03 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 3.97% from the start of the year.
Renault follows other major Consumer Cyclical sector earnings this month
Renault's report follows an earnings beat by Louis Vuitton on Wednesday, January 27, 2021, who reported EPS of €8.29 on revenue of €14.3B, compared to forecasts EPS of €7.47 on revenue of €14.31B.
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