Investing.com - Bouygues (EPA:BOUY) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bouygues announced earnings per share of €-0.3727 on revenue of €8.2B. Analysts polled by Investing.com anticipated EPS of €-0.2786 on revenue of €7.98B.
Bouygues shares are down 2% from the beginning of the year and are trading at €30.81 , down-from-52-week-high.They are outperforming the CAC 40 which is down 14.65% from the start of the year.
Bouygues shares lost 1.34% in intra-day trade the report.
Bouygues follows other major Industrials sector earnings this month
Bouygues's report follows an earnings beat by Airbus Group on Wednesday, May 4, 2022, who reported EPS of €1.55 on revenue of €12B, compared to forecasts EPS of €0.6092 on revenue of €12.04B.
Legrand had beat expectations on Thursday, May 5, 2022 with first quarter EPS of €1.05 on revenue of €1.97B, compared to forecast for EPS of €0.9108 on revenue of €1.85B.
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