Tesco earnings, Revenue miss in Q4

  • Investing.com
Tesco earnings, Revenue miss in Q4

Investing.com - Tesco (LON: TSCO ) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Tesco announced earnings per share of £0.04 on revenue of £29.17B. Analysts polled by Investing.com anticipated EPS of £8.15 on revenue of £31,819M.

Tesco shares are down 1.73% from the beginning of the year and are trading at £227.40 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 7.42% year to date.

Tesco follows other major Services sector earnings this month

Tesco's report follows an earnings missed by Carnival on Wednesday, April 7, 2021, who reported EPS of £-1.29 on revenue of £18.86M, compared to forecasts EPS of £-1.2 on revenue of £18.86M.

Next had missed expectations on Thursday, April 1, 2021 with first quarter EPS of £2.3 on revenue of £2.24B, compared to forecast for EPS of £209.12 on revenue of £2,119M.

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

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