Investing.com - Companhia Brasileira de Distribuicao reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Companhia Brasileira de Distribuicao announced earnings per share of R$0.25 on revenue of R$3.71B. Analysts polled by Investing.com anticipated EPS of R$0.25 on revenue of R$3.38B.
Companhia Brasileira de Distribuicao shares are down 50.39% from the beginning of the year, still down 52.08% from its 52 week high of R$22.64 set on January 10. They are under-performing the EUR/USD which is down 0% from the start of the year.
Companhia Brasileira de Distribuicao follows other major Services sector earnings this month
Companhia Brasileira de Distribuicao's report follows an earnings beat by Visa A on Wednesday, who reported EPS of R$1.12 on revenue of R$5.1B, compared to forecasts EPS of R$1.09 on revenue of R$5B.
Verizon had beat expectations on October 21 with third quarter EPS of R$1.25 on revenue of R$31.5B, compared to forecast for EPS of R$1.22 on revenue of R$31.59B.
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