Investing.com - Burberry Group (OTC:BURBY) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Burberry Group announced earnings per share of £0.36 on revenue of £1.21B. Analysts polled by Investing.com anticipated EPS of £3.89 on revenue of £853.11M.
Burberry Group shares are up 7% from the beginning of the year, still down 15.37% from its 52 week high of £2,267.00 set on June 25. They are under-performing the FTSE 100 which is up 14.08% from the start of the year.
Burberry Group follows other major Services sector earnings this month
Burberry Group's report follows an earnings matched by X5 Retail Group on October 26, who reported EPS of £45.02 on revenue of £543.59B, compared to forecasts EPS of £45.02 on revenue of £541.95B.
J Sainsbury had missed expectations on November 4 with second quarter EPS of £0.17 on revenue of £15.72B, compared to forecast for EPS of £9.74 on revenue of £14,899M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar