Investing.com - Kesko reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Kesko announced earnings per share of €0.4 on revenue of €2.87B. Analysts polled by Investing.com anticipated EPS of €0.3683 on revenue of €2.96B.
Kesko shares are down 2% from the beginning of the year, still down 23.81% from its 52 week high of €37.72 set on August 18, 2021. They are outperforming the OMX Helsinki 25 which is down 4.73% from the start of the year.
Kesko shares lost 0.10% in intra-day trade following the report.
Kesko follows other major Consumer Staples sector earnings this month
Kesko's report follows an earnings beat by Kesko on Thursday, who reported EPS of €0.4 on revenue of €2.87B, compared to forecasts EPS of €0.3683 on revenue of €2.96B.
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