Investing.com - Henkel VZO (ETR:HNKG_p) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Henkel VZO announced earnings per share of €1.95 on revenue of €10.91B. Analysts polled by Investing.com anticipated EPS of €0.8813 on revenue of €5.36B.
Henkel VZO shares are down 8% from the beginning of the year, still down 23.65% from its 52 week high of €85.68 set on August 16, 2021. They are outperforming the STOXX 600 which is down 9.38% from the start of the year.
Henkel VZO shares gained 0.99% in intra-day trade following the report.
Henkel VZO follows other major Consumer Staples sector earnings this month
Henkel VZO's report follows an earnings beat by Henkel ST on Monday, who reported EPS of €1.95 on revenue of €10.91B, compared to forecasts EPS of €0.8813 on revenue of €5.36B.
Beiersdorf AG had matched expectations on August 4 with second quarter EPS of €1.98 on revenue of €2.26B, compared to forecast for EPS of €1.98 on revenue of €2.15B.
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