Randstad Earnings, Revenue beat In Q1

  • Investing.com
Randstad Earnings, Revenue beat In Q1

Investing.com - Randstad reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Randstad announced earnings per share of €0.58 on revenue of €5.41B. Analysts polled by Investing.com anticipated EPS of €0.52 on revenue of €4.98B. That with comparison to EPS of €0.86 on revenue of €5.72B in the same period a year before.Randstad had reported EPS of €1.14 on revenue of €6B in the previous quarter.Analysts are expecting EPS of €0.09 and revenue of €1.96B in the upcoming quarter.

Randstad shares are down 38% from the beginning of the year and are trading at €33.41 , down-from-52-week-high.They are under-performing the AEX which is down 16.18% year to date.

Randstad follows other major Services sector earnings this month

Randstad's report follows an earnings missed by PostNL on Wednesday, April 8, 2020, who reported EPS of €0.04 on revenue of €843M, compared to forecasts EPS of €0.2 on revenue of €816M.

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