Hugo Boss AG earnings miss, Revenue beats in Q1

  • Investing.com
Hugo Boss AG earnings miss, Revenue beats in Q1

Investing.com - Hugo Boss AG reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Hugo Boss AG announced earnings per share of €-0.30 on revenue of €1.12B. Analysts polled by Investing.com anticipated EPS of €0.1011 on revenue of €583.28M.

Hugo Boss AG shares are up 1% from the beginning of the year and are trading at €32.770 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 6.3% year to date.

Hugo Boss AG follows other major Consumer Cyclical sector earnings this month

Hugo Boss AG's report follows an earnings beat by Daimler on Thursday, February 18, 2021, who reported EPS of €3.26 on revenue of €46.62B, compared to forecasts EPS of €2.52 on revenue of €45.79B.

Adidas had beat expectations on Wednesday with first quarter EPS of €0.68 on revenue of €5.55B, compared to forecast for EPS of €0.6476 on revenue of €5.46B.

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