Investing.com - Industria de Diseno Textil reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Industria de Diseno Textil announced earnings per share of €0.32 on revenue of €7.83B. Analysts polled by Investing.com anticipated EPS of €0.3293 on revenue of €7.85B.
Industria de Diseno Textil shares are down 18.52% from the beginning of the year, still down 29.26% from its 52 week high of €32.47 set on September 30, 2021.
Industria de Diseno Textil shares gained 3.05% in intra-day trade following the report.
Industria de Diseno Textil follows other major Consumer Discretionary sector earnings this month
Industria de Diseno Textil's report follows an earnings beat by Qingdao Haier on August 29, who reported EPS of €0.0682 on revenue of €8.94B, compared to forecasts EPS of €0.0673 on revenue of €8.93B.
Hella KGaA Hueck & Co had matched expectations on August 18 with first quarter EPS of €0.3219 on revenue of €1.59B, compared to forecast for EPS of €0.3219 on revenue of €1.59B.
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