Investing.com - Valeo (PA:VLOF) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Valeo announced earnings per share of €0.38 on revenue of €4.33B. Analysts polled by Investing.com anticipated EPS of €0.95 on revenue of €4.34B.
Valeo shares are down 29% from the beginning of the year and are trading at €22.80 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 14.41% from the start of the year.
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