Investing.com - Midsona B reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Midsona B announced earnings per share of kr-6.57 on revenue of kr944.00. Analysts polled by Investing.com anticipated EPS of kr0.42 on revenue of kr1.01B.
Midsona B shares are down 22.64% from the beginning of the year and are trading at kr9.87 , down-from-52-week-high.
Midsona B follows other major Consumer Staples sector earnings this month
Midsona B's report follows an earnings beat by AAK on Tuesday, who reported EPS of kr2.35 on revenue of kr13.31B, compared to forecasts EPS of kr2.13 on revenue of kr12.69B.
Midsona A had missed expectations on Tuesday with third quarter EPS of kr-6.57 on revenue of kr944.0M, compared to forecast for EPS of kr0.42 on revenue of kr1.01B.
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