Investing.com - Vallourec reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vallourec announced earnings per share of €0.4 on revenue of €1.06B. Analysts polled by Investing.com anticipated EPS of €-2.81 on revenue of €894M.
Vallourec shares are down 23.3% from the beginning of the year and are trading at €6.750 , 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 Energy sector earnings this month
Vallourec's report follows an earnings beat by TotalEnergies SE on Thursday, February 10, 2022, who reported EPS of €2.55 on revenue of €55.3B, compared to forecasts EPS of €2.25 on revenue of €57.14B.
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