Investing.com - Vallourec reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Vallourec announced earnings per share of €-6 on revenue of €716M. Analysts polled by Investing.com anticipated EPS of €-6.5 on revenue of €784.41M.
Vallourec shares are down 80.11% from the beginning of the year and are trading at €22.375 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Vallourec follows other major Basic Materials sector earnings this month
Vallourec's report follows an earnings missed by Arkema on Thursday, November 5, 2020, who reported EPS of €1.42 on revenue of €1.91B, compared to forecasts EPS of €1.45 on revenue of €1.89B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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