Investing.com - Marks & Spencer reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Marks & Spencer announced earnings per share of £0.15 on revenue of £10.89B. Analysts polled by Investing.com anticipated EPS of £11.87 on revenue of £2.44B.
Marks & Spencer shares are down 40% from the beginning of the year and are trading at £138.65 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.97% year to date.
Marks & Spencer follows other major Consumer Staples sector earnings this month
Marks & Spencer's report follows an earnings missed by Imperial Brands on Tuesday, May 17, 2022, who reported EPS of £1.05 on revenue of £15.36B, compared to forecasts EPS of £102.98 on revenue of £3,993M.
Coca Cola HBC AG had beat expectations on Thursday, May 12, 2022 with first quarter EPS of £0.2655 on revenue of £1.77B, compared to forecast for EPS of £0.2606 on revenue of £1.62B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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