Investing.com - JC Decaux reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
JC Decaux announced earnings per share of €-0.76 on revenue of €628.1M. Analysts polled by Investing.com anticipated EPS of €-0.71 on revenue of €870.00M.
JC Decaux shares are up 26% from the beginning of the year and are trading at €23.46 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 8.06% from the start of the year.
JC Decaux follows other major Communication Services sector earnings this month
JC Decaux's report follows an earnings beat by Vivendi on Wednesday, who reported EPS of €0.3315 on revenue of €4.32B, compared to forecasts EPS of €0.3294 on revenue of €8,004M.
Orange had missed expectations on Thursday with second quarter EPS of €-1.04 on revenue of €20.87B, compared to forecast for EPS of €0.15 on revenue of €10.39B.
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