Danone Earnings inline, Revenue misses In Q1

  • Investing.com
Danone Earnings inline, Revenue misses In Q1

Investing.com - Danone reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Danone announced earnings per share of €1.91 on revenue of €5.66B. Analysts polled by Investing.com anticipated EPS of €1.91 on revenue of €5.71B.

Danone shares are up 9% from the beginning of the year and are trading at €58.73 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is up 9.48% from the start of the year.

Danone shares lost 2.67% in intra-day trade the report.

Danone follows other major Consumer/Non-Cyclical sector earnings this month

Danone's report follows an earnings matched by L'Oreal on Thursday, who reported EPS of €4.3 on revenue of €7.61B, compared to forecasts EPS of €4.3 on revenue of €7.72B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100