Carrefour earnings miss, Revenue beats in Q2

  • Investing.com
Carrefour earnings miss, Revenue beats in Q2

Investing.com - Carrefour (PA: CARR ) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Carrefour announced earnings per share of €-0.03 on revenue of €18.71B. Analysts polled by Investing.com anticipated EPS of €0.30 on revenue of €18.42B.

Carrefour shares are down 28% from the beginning of the year and are trading at €13.62 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.58% year to date.

Carrefour follows other major Services sector earnings this month

Carrefour's report follows an earnings missed by Kering on Tuesday, who reported EPS of €2.25 on revenue of €2.18B, compared to forecasts EPS of €14.54 on revenue of €2.43B.

Edenred had missed expectations on Monday with second quarter EPS of €0.41 on revenue of €292M, compared to forecast for EPS of €0.59 on revenue of €302M.

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

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