Loading...
Loading...
Vallourec SA
VLOWY reported a decline in its first-quarter net profit. It also cut its sales growth forecast for the full year to 5% from 10%.
Vallourec's quarterly net profit declined to EUR29 million, versus EUR82 million, in the year-ago period. Its total sales climbed 4% to EUR1.20 billion. However, analysts were projecting a net profit of EUR44 million on revenue of EUR1.17 billion.
Vallourec's earnings before interest, taxes, depreciation and amortization (EBITDA) dropped 25% to EUR152 million.
VLOWY shares closed at $10.71 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in