Investing.com - Companhia Brasileira de Distribuicao reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Companhia Brasileira de Distribuicao announced earnings per share of -0.0328 on revenue of 2.16B. Analysts polled by Investing.com anticipated EPS of -0.0096 on revenue of 2.16B.
Companhia Brasileira de Distribuicao shares are up 33% from the beginning of the year, still down 46.79% from its 52 week high of 8.40 set on June 23. They are outperforming the Nasdaq which is up 22.68% 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 missed by Amazon.com on October 28, who reported EPS of 6.12 on revenue of 110.81B, compared to forecasts EPS of 8.9 on revenue of 111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of 1.62 on revenue of 6.56B, compared to forecast for EPS of 1.55 on revenue of 6.52B.
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