Investing.com - Kesko reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kesko announced earnings per share of €0.29 on revenue of €2.66B. Analysts polled by Investing.com anticipated EPS of €0.2868 on revenue of €2.63B.
Kesko shares are up 3% from the beginning of the year, still down 9.39% from its 52 week high of €24.08 set on November 9, 2020. They are outperforming the STOXX 600 which is up 2% 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 Wednesday, who reported EPS of €0.29 on revenue of €2.66B, compared to forecasts EPS of €0.2868 on revenue of €2.63B.
Elisa Oyj had beat expectations on January 28 with fourth quarter EPS of €0.51 on revenue of €498.2M, compared to forecast for EPS of €0.4976 on revenue of €489.83M.
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