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Sendas Distribuidora Earnings Beat, Revenue Misses In Q3

Published 10/25/2022, 09:21 PM

Investing.com - Sendas Distribuidora reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Sendas Distribuidora announced earnings per share of R$0.21 on revenue of R$13.83. Analysts polled by Investing.com anticipated EPS of R$0.19 on revenue of R$14.55B.

Sendas Distribuidora shares are up 36% from the beginning of the year, still down 11.06% from its 52 week high of R$19.89 set on October 18.

Sendas Distribuidora follows other major Consumer Staples sector earnings this month

Sendas Distribuidora's report follows an earnings beat by Camil Alimentos on October 13, who reported EPS of R$0.26 on revenue of R$2.70B, compared to forecasts EPS of R$0.19 on revenue of R$2.7B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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