Burberry Group earnings miss, Revenue beats in Q2

  • Investing.com
Burberry Group earnings miss, Revenue beats in Q2

Investing.com - Burberry Group (LON: BRBY ) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Burberry Group announced earnings per share of £0.36 on revenue of £1.21B. Analysts polled by Investing.com anticipated EPS of £3.89 on revenue of £853.11M.

Burberry Group shares are up 7% from the beginning of the year and are trading at £1,918.5 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 14.08% year to date.

Burberry Group follows other major Services sector earnings this month

Burberry Group's report follows an earnings matched by X5 Retail Group on Tuesday, October 26, 2021, who reported EPS of £45.02 on revenue of £543.59B, compared to forecasts EPS of £45.02 on revenue of £541.95B.

J Sainsbury had missed expectations on Thursday, November 4, 2021 with second quarter EPS of £0.17 on revenue of £15.72B, compared to forecast for EPS of £9.74 on revenue of £14,899M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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