Investing.com - Carrefour (PA:CARR) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Carrefour announced earnings per share of €-0.03 on revenue of €18.71B. Analysts polled by Investing.com anticipated EPS of €0.30 on revenue of €18.42B.
Carrefour shares are down 28% from the beginning of the year and are trading at €13.62 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.58% from the start of the year.
Carrefour follows other major Services sector earnings this month
Carrefour's report follows an earnings missed by Kering on Tuesday, who reported EPS of €2.25 on revenue of €2.18B, compared to forecasts EPS of €14.54 on revenue of €2.43B.
Edenred had missed expectations on Monday with second quarter EPS of €0.41 on revenue of €292M, compared to forecast for EPS of €0.59 on revenue of €302M.
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