Investing.com - J Sainsbury (OTC:JSAIY) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
J Sainsbury announced earnings per share of £0.17 on revenue of £15.72B. Analysts polled by Investing.com anticipated EPS of £9.74 on revenue of £14,899M.
J Sainsbury shares are up 43.11% from the beginning of the year, still down 17.60% from its 52 week high of £342.00 set on August 24. They are outperforming the STOXX 600 which is up 21.09% from the start of the year.
J Sainsbury follows other major Services sector earnings this month
J Sainsbury's report follows an earnings matched by X5 Retail Group on October 26, who reported EPS of £45.02 on revenue of £543.59B, compared to forecasts EPS of £45.02 on revenue of £541.95B.
Whitbread had beat expectations on October 26 with second quarter EPS of £-0.19 on revenue of £661.6M, compared to forecast for EPS of £-184.33 on revenue of £245.88M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar