Investing.com - Companhia Brasileira de Distribuicao reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Companhia Brasileira de Distribuicao announced earnings per share of 0.3633 on revenue of 4.01B. Analysts polled by Investing.com anticipated EPS of 0.464 on revenue of 4.54B.
Companhia Brasileira de Distribuicao shares are up 11.73% from the beginning of the year, still down 8.81% from its 52 week high of 18.04 set on February 26, 2020. They are outperforming 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 Amazon.com on February 2, who reported EPS of 14.09 on revenue of 125.56B, compared to forecasts EPS of 7.2 on revenue of 119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of 22.03 on revenue of 221.08B, compared to forecast for EPS of 20.59 on revenue of 214.17B.
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