British American Tobacco Earnings miss, Revenue beats In Q2
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 £0.82 on revenue of £12.87B. Analysts polled by Investing.com anticipated EPS of £167.60 on revenue of £12,674M.
British American Tobacco shares are down 25% from the beginning of the year and are trading at £3,449.0 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is down 16.07% 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 Wednesday, who reported EPS of £1.88 on revenue of £3.46B, compared to forecasts EPS of £145.00 on revenue of £3.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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