Investing.com - J Sainsbury (OTC:JSAIY) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
J Sainsbury announced earnings per share of £-0.05 on revenue of £14.11B. Analysts polled by Investing.com anticipated EPS of £9.25 on revenue of £14,334M.
J Sainsbury shares are up 4% from the beginning of the year, still down 10.78% from its 52 week high of £263.40 set on January 27. They are under-performing the STOXX 600 which is up 10.25% from the start of the year.
J Sainsbury follows other major Services sector earnings this month
J Sainsbury's report follows an earnings missed by Carnival on April 7, who reported EPS of £-1.29 on revenue of £18.86M, compared to forecasts EPS of £-1.24 on revenue of £18.8M.
Associated British Foods had missed expectations on April 20 with second quarter EPS of £0.21 on revenue of £6.31B, compared to forecast for EPS of £17.31 on revenue of £6,698M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar