SES Earnings beat, Revenue misses In Q3

  • Investing.com
SES Earnings beat, Revenue misses In Q3
Credit: © Reuters.

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

SES announced earnings per share of €0.12 on revenue of €462M. Analysts polled by Investing.com anticipated EPS of €0.07 on revenue of €480.2M.

SES shares are down 39% from the beginning of the year and are trading at €7.51 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.01% from the start of the year.

SES shares gained 5.42% in intra-day trade the report.

SES follows other major Services sector earnings this month

SES's report follows an earnings matched by Vivendi on Tuesday, October 20, 2020, who reported EPS of €0.22 on revenue of €4.02B, compared to forecasts EPS of €0.22 on revenue of €3.93B.

Orange had missed expectations on Thursday, October 29, 2020 with third quarter EPS of €0.39 on revenue of €10.58B, compared to forecast for EPS of €0.4 on revenue of €10.52B.

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

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