Investing.com - Inditex (BME:ITX) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Inditex announced earnings per share of €0.32 on revenue of €7.83B. Analysts polled by Investing.com anticipated EPS of €0.3293 on revenue of €7.85B.
Inditex shares are down 19.24% from the beginning of the year and are trading at €23.040 , down-from-52-week-high.
Inditex shares gained 4.97% in intra-day trade after the report.
Inditex follows other major Consumer Discretionary sector earnings this month
Inditex's report follows an earnings missed by Inditex on Wednesday, who reported EPS of €0.32 on revenue of €7.83B, compared to forecasts EPS of €0.3293 on revenue of €7.85B.
eDreams Odigeo SA had matched expectations on Wednesday, August 31, 2022 with first quarter EPS of €-0.11 on revenue of €159.1M, compared to forecast for EPS of €-0.11 on revenue of €138.97M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar