Investing.com - Empire Company reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Empire Company announced earnings per share of C$0.71 on revenue of C$7.94B. Analysts polled by Investing.com anticipated EPS of C$0.7503 on revenue of C$7.86B.
Empire Company shares are down 9% from the beginning of the year and are trading at C$34.89 , down-from-52-week-high.
Empire Company shares lost 7.67% in intra-day trade after the report.
Empire Company follows other major Consumer Staples sector earnings this month
Empire Company's report follows an earnings missed by North West on Wednesday, September 7, 2022, who reported EPS of C$0.6714 on revenue of C$578.9M, compared to forecasts EPS of C$0.693 on revenue of C$577.6M.
Guru Organic Energy had beat expectations on Wednesday with third quarter EPS of C$-0.2 on revenue of C$7.73M, compared to forecast for EPS of C$-0.205 on revenue of C$9.13M.
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