Investing.com - Kesko reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kesko announced earnings per share of €0.26 on revenue of €2.71B. Analysts polled by Investing.com anticipated EPS of €0.21 on revenue of €2.67B.
Kesko shares are down 4% from the beginning of the year and are trading at €24.38 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 7.36% from the start of the year.
Kesko shares lost 3.94% in intra-day trade after the report.
Kesko follows other major Consumer Staples sector earnings this month
Kesko's report follows an earnings beat by Kesko on Friday, who reported EPS of €0.26 on revenue of €2.71B, compared to forecasts EPS of €0.21 on revenue of €2.67B.
Olvi Oyj A had missed expectations on Thursday, April 21, 2022 with first quarter EPS of €0.185 on revenue of €85M, compared to forecast for EPS of €0.1967 on revenue of €86M.
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