Investing.com - Airbus Group (PA:AIR) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Airbus Group announced earnings per share of €2.01 on revenue of €16.99B. Analysts polled by Investing.com anticipated EPS of €1.26 on revenue of €17.15B.
Airbus Group shares are up 4% from the beginning of the year, still down 3.29% from its 52 week high of €121.10 set on January 5. They are outperforming the CAC 40 which is down 2.62% from the start of the year.
Airbus Group shares lost 0.64% in intra-day trade following the report.
Airbus Group follows other major Industrials sector earnings this month
Airbus Group's report follows an earnings beat by Vinci on February 4, who reported EPS of €3.31 on revenue of €13.55B, compared to forecasts EPS of €3.01 on revenue of €13.44B.
Legrand had missed expectations on February 10 with fourth quarter EPS of €0.76 on revenue of €1.83B, compared to forecast for EPS of €0.7877 on revenue of €1.83B.
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