Investing.com - Ahold Delhaize reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.53 on revenue of €18.55B. Analysts polled by Investing.com anticipated EPS of €0.4968 on revenue of €18.2B.
Ahold Delhaize shares are up 27% from the beginning of the year, still down 0.34% from its 52 week high of €29.64 set on November 10. They are outperforming the STOXX 600 which is up 21.01% from the start of the year.
Ahold Delhaize shares gained 3.54% in intra-day trade following the report.
Ahold Delhaize follows other major Services sector earnings this month
Ahold Delhaize's report follows an earnings missed by Randstad on October 21, who reported EPS of €1.17 on revenue of €6.28B, compared to forecasts EPS of €1.28 on revenue of €6.18B.
Koninklijke KPN had beat expectations on October 25 with third quarter EPS of €0.04 on revenue of €1.31B, compared to forecast for EPS of €0.0342 on revenue of €1.29B.
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