Investing.com - Ripley Corp reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ripley Corp announced earnings per share of 1.12 on revenue of 514.8B. Analysts polled by Investing.com anticipated EPS of 1.1 on revenue of 518.02B.
Ripley Corp shares are down 44.43% from the beginning of the year and are trading at 183.00 , down-from-52-week-high.They are under-performing the S&P CLX IPSA which is up 31.47% from the start of the year.
Ripley Corp follows other major Consumer Discretionary sector earnings this month
Ripley Corp's report follows an earnings missed by Falabella on Tuesday, who reported EPS of 26 on revenue of 3,075.36B, compared to forecasts EPS of 33.14 on revenue of 3,043.55B.
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