Investing.com - British American Tobacco (JO:SNHJ) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
British American Tobacco announced earnings per share of £1.41 on revenue of £12.18B. Analysts polled by Investing.com anticipated EPS of £154.05 on revenue of £12,024M.
British American Tobacco shares are up 0.96% from the beginning of the year and are trading at £2,734.0 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 8.61% from the start of the year.
British American Tobacco follows other major Consumer Staples sector earnings this month
British American Tobacco's report follows an earnings missed by Reckitt Benckiser on Tuesday, who reported EPS of £-2.46 on revenue of £3.09B, compared to forecasts EPS of £148.46 on revenue of £3.28B.
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