Investing.com - Companhia Brasileira de Distribuicao reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Companhia Brasileira de Distribuicao announced earnings per share of 0.0113 on revenue of 1.79B. Analysts polled by Investing.com anticipated EPS of 0.0114 on revenue of 1.78B.
Companhia Brasileira de Distribuicao shares are down 22% from the beginning of the year, still down 58.02% from its 52 week high of 17.46 set on March 5. They are under-performing the STOXX 600 which is up 10.14% 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 Amazon.com on April 29, who reported EPS of 15.79 on revenue of 108.52B, compared to forecasts EPS of 9.54 on revenue of 104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of 1.38 on revenue of 5.73B, compared to forecast for EPS of 1.27 on revenue of 5.56B.
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