Investing.com - Vivendi (PA:VIV) reported on Wednesday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Vivendi announced earnings per share of €-0.0138 on revenue of €2.7B. Analysts polled by Investing.com anticipated EPS of €-0.0138 on revenue of €4.81B.
Vivendi shares are down 5% from the beginning of the year and are trading at €11.26 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 12.39% year to date.
Vivendi follows other major Communication Services sector earnings this month
Vivendi's report follows an earnings beat by Orange on Monday, February 21, 2022, who reported EPS of €0.9202 on revenue of €11.15B, compared to forecasts EPS of €0.71 on revenue of €11.03B.
SES had beat expectations on Thursday, February 24, 2022 with fourth quarter EPS of €0.53 on revenue of €463M, compared to forecast for EPS of €-0.1104 on revenue of €458.44M.
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