Investing.com - Casino Guichard reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Casino Guichard announced earnings per share of €-3.44 on revenue of €7.85B. Analysts polled by Investing.com anticipated EPS of €0.14 on revenue of €7.65B.
Casino Guichard shares are up 9% from the beginning of the year and are trading at €23.60 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 21% from the start of the year.
Casino Guichard follows other major Services sector earnings this month
Casino Guichard's report follows an earnings missed by Kering on Tuesday, who reported EPS of €2.25 on revenue of €2.18B, compared to forecasts EPS of €14.54 on revenue of €2.43B.
Vivendi had beat expectations on Wednesday with second quarter EPS of €0.28 on revenue of €3.71B, compared to forecast for EPS of €0.25 on revenue of €7,416M.
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