Investing.com - SES reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SES announced earnings per share of €-0.56 on revenue of €466M. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €476.15M.
SES shares are down 14% from the beginning of the year and are trading at €6.60 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 3.8% from the start of the year.
SES shares lost 4.37% in intra-day trade following the report.
SES follows other major Services sector earnings this month
SES's report follows an earnings missed by Kering on Wednesday, February 17, 2021, who reported EPS of €15.01 on revenue of €4B, compared to forecasts EPS of €15.16 on revenue of €4.2B.
Orange had beat expectations on Thursday, February 18, 2021 with fourth quarter EPS of €0.73 on revenue of €10.92B, compared to forecast for EPS of €0.39 on revenue of €11.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar