Investing.com - Sodexo reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sodexo announced earnings per share of €0.22 on revenue of €4.16B. Analysts polled by Investing.com anticipated EPS of €0.13 on revenue of €8,391M.
Sodexo shares are up 14% from the beginning of the year and are trading at €82.48 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 4.28% from the start of the year.
Sodexo follows other major Services sector earnings this month
Sodexo's report follows an earnings matched by Iliad on Monday, March 15, 2021, who reported EPS of €0.73 on revenue of €1.67B, compared to forecasts EPS of €0.73 on revenue of €1.53B.
Technicolor had beat expectations on Thursday, March 11, 2021 with first quarter EPS of €-0.1 on revenue of €1.57B, compared to forecast for EPS of €-2.18 on revenue of €1,693M.
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