Vallourec Earnings, Revenue miss In Q2

  • Investing.com
Vallourec Earnings, Revenue miss In Q2

Investing.com - Vallourec reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Vallourec announced earnings per share of €-1.81 on revenue of €1.14B. Analysts polled by Investing.com anticipated EPS of €-0.3212 on revenue of €1.17B.

Vallourec shares are up 1.2% from the beginning of the year and are trading at €8.906 , down-from-52-week-high.They are outperforming 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, who reported EPS of €3.75 on revenue of €70.46B, compared to forecasts EPS of €3.7 on revenue of €63.44B.

Technip Energies BV had beat expectations on Thursday with second quarter EPS of €0.3037 on revenue of €1.65B, compared to forecast for EPS of €0.2925 on revenue of €1.44B.

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

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