Burberry Group earnings miss, Revenue beats in Q4

  • Investing.com
Burberry Group earnings miss, Revenue beats in Q4
Credit: © Reuters.

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

Burberry Group announced earnings per share of £0.62 on revenue of £1.61B. Analysts polled by Investing.com anticipated EPS of £0.63 on revenue of £1,595M.

Burberry Group shares are down 12% from the beginning of the year and are trading at £1,584.0 , down-from-52-week-high.They are under-performing the TR UK 50 which is up 3.55% year to date.

Burberry Group follows other major Consumer Discretionary sector earnings this month

Burberry Group's report follows an earnings missed by Compass on Wednesday, May 11, 2022, who reported EPS of £0.27 on revenue of £11.50B, compared to forecasts EPS of £25.64 on revenue of £5.91B.

Hyundai Motor DRC had missed expectations on Monday, April 25, 2022 with first quarter EPS of £1.91 on revenue of £24.24B, compared to forecast for EPS of £1.93 on revenue of £24.02B.

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

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