Investing.com - Sodexo reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sodexo announced earnings per share of €2.27 on revenue of €4.87B. Analysts polled by Investing.com anticipated EPS of €2.21 on revenue of €10,313M.
Sodexo shares are down 13% from the beginning of the year and are trading at €66.82 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 6.04% from the start of the year.
Sodexo follows other major Consumer Discretionary sector earnings this month
Sodexo's report follows an earnings missed by EssilorLuxottica on Friday, March 11, 2022, who reported EPS of €1.35 on revenue of €5.58B, compared to forecasts EPS of €2.12 on revenue of €4.39B.
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