Investing.com - Compass reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Compass announced earnings per share of £0.27 on revenue of £11.50B. Analysts polled by Investing.com anticipated EPS of £25.64 on revenue of £5.91B.
Compass shares are up 2.6% from the beginning of the year, still down 7.08% from its 52 week high of £1,823.00 set on February 16. They are outperforming the STOXX 600 which is down 12.35% from the start of the year.
Compass follows other major Consumer Discretionary sector earnings this month
Compass's report follows an earnings missed by Hyundai Motor DRC on April 25, who reported EPS of £1.91 on revenue of £24.24B, compared to forecasts EPS of £1.93 on revenue of £24.02B.
Whitbread had beat expectations on April 28 with fourth quarter EPS of £0.39 on revenue of £1.04B, compared to forecast for EPS of £-17.06 on revenue of £928.51M.
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