Faurecia Earnings miss, Revenue beats In Q2

  • Investing.com
Faurecia Earnings miss, Revenue beats In Q2

Investing.com - Faurecia reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Faurecia announced earnings per share of €1.31 on revenue of €3.78B. Analysts polled by Investing.com anticipated EPS of €1.76 on revenue of €3.75B.

Faurecia shares are down 10% from the beginning of the year and are trading at €37.31 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 15.57% from the start of the year.

Faurecia follows other major Consumer Discretionary sector earnings this month

Faurecia's report follows an earnings beat by Louis Vuitton on Monday, who reported EPS of €7.4 on revenue of €14.71B, compared to forecasts EPS of €6.05 on revenue of €13.92B.

Michelin had beat expectations on Monday with second quarter EPS of €5.74 on revenue of €11.19B, compared to forecast for EPS of €2.82 on revenue of €5.41B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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