Legrand Earnings, Revenue miss In Q3

  • Investing.com
Legrand Earnings, Revenue miss In Q3

Investing.com - Legrand reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Legrand announced earnings per share of €0.8188 on revenue of €1.71B. Analysts polled by Investing.com anticipated EPS of €0.8299 on revenue of €1.72B.

Legrand shares are up 42% from the beginning of the year and are trading at €95.76 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 21.88% from the start of the year.

Legrand shares lost 2.13% in intra-day trade the report.

Legrand follows other major Technology sector earnings this month

Legrand's report follows an earnings beat by Dassault Systemes on Thursday, October 28, 2021, who reported EPS of €0.22 on revenue of €1.16B, compared to forecasts EPS of €0.1943 on revenue of €1.14B.

STMicroelectronics had missed expectations on Thursday, October 28, 2021 with third quarter EPS of €0.51 on revenue of €3.2B, compared to forecast for EPS of €0.519 on revenue of €3.21B.

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

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