Investing.com - Whitbread (LON:WTB) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whitbread announced earnings per share of £1.2 on revenue of £1.4. Analysts polled by Investing.com anticipated EPS of £-39.3 on revenue of £762.19M.
Whitbread shares are down 26% from the beginning of the year, still down 23.98% from its 52 week high of £3,449.00 set on November 5, 2021.
Whitbread follows other major Consumer Discretionary sector earnings this month
Whitbread's report follows an earnings missed by Carnival on September 30, who reported EPS of £-0.5808 on revenue of £4.31B, compared to forecasts EPS of £-0.0481 on revenue of £5.05B.
Next had missed expectations on September 29 with second quarter EPS of £2.61 on revenue of £2.38B, compared to forecast for EPS of £219.18 on revenue of £2,179M.
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