Tate&Lyle Earnings miss, Revenue beats In Q4

  • Investing.com
Tate&Lyle Earnings miss, Revenue beats In Q4

Investing.com - Tate&Lyle reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Tate&Lyle announced earnings per share of £0.27 on revenue of £1.42B. Analysts polled by Investing.com anticipated EPS of £28.84 on revenue of £1,403M.

Tate&Lyle shares are up 25% from the beginning of the year and are trading at £765.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 11.88% from the start of the year.

Tate&Lyle follows other major Consumer/Non-Cyclical sector earnings this month

Tate&Lyle's report follows an earnings missed by Imperial Brands on Tuesday, May 18, 2021, who reported EPS of £1.91 on revenue of £15.57B, compared to forecasts EPS of £106.50 on revenue of £4,047M.

Coca Cola HBC AG had beat expectations on Wednesday, May 12, 2021 with first quarter EPS of £0.2838 on revenue of £1.35B, compared to forecast for EPS of £0.2821 on revenue of £1.35B.

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

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