Investing.com - Inditex (MC:ITX) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Inditex announced earnings per share of €0.135 on revenue of €4.94B. Analysts polled by Investing.com anticipated EPS of €0.105 on revenue of €4.89B.
Inditex shares are up 21% from the beginning of the year and are trading at €31.640 , down-from-52-week-high.They are outperforming the IBEX 35 which is up 13.41% from the start of the year.
Inditex follows other major Services sector earnings this month
Inditex's report follows an earnings beat by Telefonica on Wednesday, May 12, 2021, who reported EPS of €0.15 on revenue of €10.34B, compared to forecasts EPS of €0.13 on revenue of €10.29B.
Inmobiliaria Colonial had matched expectations on Thursday, May 13, 2021 with second quarter EPS of €0.058 on revenue of €78M, compared to forecast for EPS of €0.058 on revenue of €78.4M.
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