Investing.com - Burberry Group (LON:BRBY) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Burberry Group announced earnings per share of £0.8 on revenue of £1.47B. Analysts polled by Investing.com anticipated EPS of £42.71 on revenue of £1,391M.
Burberry Group shares are up 12% from the beginning of the year and are trading at £2,016.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.6% from the start of the year.
Burberry Group follows other major Services sector earnings this month
Burberry Group's report follows an earnings missed by Compass on Wednesday, who reported EPS of £0.06 on revenue of £4.24B, compared to forecasts EPS of £8.55 on revenue of £8,697M.
Associated British Foods had missed expectations on Tuesday, April 20, 2021 with second quarter EPS of £0.21 on revenue of £6.31B, compared to forecast for EPS of £17.31 on revenue of £6,698M.
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