Investing.com - Kesko reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Kesko announced earnings per share of €0.45 on revenue of €3.11B. Analysts polled by Investing.com anticipated EPS of €0.4241 on revenue of €3.13B.
Kesko shares are down 21% from the beginning of the year and are trading at €23.04 , down-from-52-week-high.They are under-performing the OMX Helsinki 25 which is down 16.77% from the start of the year.
Kesko shares lost 100.00% in pre-market trade the report.
Kesko follows other major Consumer Staples sector earnings this month
Kesko's report follows an earnings beat by Kesko on Wednesday, who reported EPS of €0.45 on revenue of €3.11B, compared to forecasts EPS of €0.4241 on revenue of €3.13B.
Atria Oyj A had beat expectations on Tuesday, July 19, 2022 with second quarter EPS of €0.41 on revenue of €432M, compared to forecast for EPS of €0.21 on revenue of €408M.
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