Investing.com - Ahold Delhaize reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.5 on revenue of €17.83B. Analysts polled by Investing.com anticipated EPS of €0.5 on revenue of €17.56B.
Ahold Delhaize shares are up 7% from the beginning of the year, still down 10.95% from its 52 week high of €26.86 set on August 5. They are outperforming the STOXX 600 which is down 13.65% from the start of the year.
Ahold Delhaize shares lost 2.84% in intra-day trade following the report.
Ahold Delhaize follows other major Services sector earnings this month
Ahold Delhaize's report follows an earnings matched by Koninklijke KPN on October 27, who reported EPS of €0.03 on revenue of €1.3B, compared to forecasts EPS of €0.03 on revenue of €1.31B.
Randstad had beat expectations on October 21 with third quarter EPS of €0.73 on revenue of €5.17B, compared to forecast for EPS of €0.49 on revenue of €5.06B.
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