Investing.com - Kesko reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kesko announced earnings per share of €0.41 on revenue of €2.99B. Analysts polled by Investing.com anticipated EPS of €0.3494 on revenue of €2.87B.
Kesko shares are up 71% from the beginning of the year, still down 0.39% from its 52 week high of €36.22 set on July 23. They are outperforming the OMX Helsinki 25 which is up 23.44% from the start of the year.
Kesko follows other major Services sector earnings this month
Kesko's report follows an earnings beat by Kesko on Friday, who reported EPS of €0.41 on revenue of €2.99B, compared to forecasts EPS of €0.3494 on revenue of €2.87B.
Elisa Oyj had beat expectations on July 15 with second quarter EPS of €0.52 on revenue of €484.3M, compared to forecast for EPS of €0.5189 on revenue of €476.34M.
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