Investing.com - Reckitt Benckiser reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Reckitt Benckiser announced earnings per share of £1.44 on revenue of £3.37B. Analysts polled by Investing.com anticipated EPS of £159.47 on revenue of £3.08B.
Reckitt Benckiser shares are up 27.26% from the beginning of the year and are trading at £7,800.0 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 17.71% from the start of the year.
Reckitt Benckiser follows other major Consumer/Non-Cyclical sector earnings this month
Reckitt Benckiser's report follows an earnings missed by A.G Barr on Tuesday, September 25, 2018, who reported EPS of £0.13 on revenue of £136.9M, compared to forecasts EPS of £12.40 on revenue of £133.05M.
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