Valeo Earnings beat, Revenue misses In Q3

  • Investing.com
Valeo Earnings beat, Revenue misses In Q3

Investing.com - Valeo (PA: VLOF ) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Valeo announced earnings per share of €-1.05 on revenue of €4.39B. Analysts polled by Investing.com anticipated EPS of €-1.07 on revenue of €4.47B.

Valeo shares are down 16% from the beginning of the year and are trading at €26.15 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 17.61% from the start of the year.

Valeo follows other major Capital Goods sector earnings this month

Valeo's report follows an earnings missed by Kaufman Et Broad on Friday, October 2, 2020, who reported EPS of €0.38 on revenue of €272.42M, compared to forecasts EPS of €0.4 on revenue of €272.16M.

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

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