Investing.com - Air France KLM (OTC:AFLYY) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Air France KLM announced earnings per share of €-0.6 on revenue of €4.84B. Analysts polled by Investing.com anticipated EPS of €-0.5132 on revenue of €4.69B.
Air France KLM shares are up 6% from the beginning of the year, still down 31.04% from its 52 week high of €5.96 set on February 25, 2021. They are outperforming the STOXX 600 which is down 4.68% from the start of the year.
Air France KLM follows other major Industrials sector earnings this month
Air France KLM's report follows an earnings beat by Airbus Group on Thursday, who reported EPS of €1.49 on revenue of €16.99B, compared to forecasts EPS of €1.26 on revenue of €17.15B.
Schneider Electric had missed expectations on Thursday with fourth quarter EPS of €2.89 on revenue of €7.91B, compared to forecast for EPS of €3.02 on revenue of €7.75B.
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