Investing.com - Ahold Delhaize reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.53 on revenue of €18.55B. Analysts polled by Investing.com anticipated EPS of €0.4968 on revenue of €18.2B.
Ahold Delhaize shares are up 27% from the beginning of the year and are trading at €29.54 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 21.01% from the start of the year.
Ahold Delhaize shares gained 3.54% in intra-day trade the report.
Ahold Delhaize follows other major Services sector earnings this month
Ahold Delhaize's report follows an earnings missed by Randstad on October 21, who reported EPS of €1.17 on revenue of €6.28B, compared to forecasts EPS of €1.28 on revenue of €6.18B.
Koninklijke KPN had beat expectations on October 25 with third quarter EPS of €0.04 on revenue of €1.31B, compared to forecast for EPS of €0.0342 on revenue of €1.29B.
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