Pernod Ricard Earnings miss, Revenue beats In Q2

  • Investing.com
Pernod Ricard Earnings miss, Revenue beats In Q2
Credit: © Reuters.

Investing.com - Pernod Ricard (PA: PERP ) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Pernod Ricard announced earnings per share of €3.69 on revenue of €2.75B. Analysts polled by Investing.com anticipated EPS of €4.42 on revenue of €2.64B.

Pernod Ricard shares are up 15% from the beginning of the year and are trading at €159.40 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 4.16% from the start of the year.

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

Pernod Ricard's report follows an earnings missed by L'Oreal on Thursday, who reported EPS of €3.09 on revenue of €7.88B, compared to forecasts EPS of €3.71 on revenue of €7.71B.

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