Investing.com - Heineken reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Heineken announced earnings per share of €2.3 on revenue of €16.4B. Analysts polled by Investing.com anticipated EPS of €1.89 on revenue of €11,713M.
Heineken shares are down 2% from the beginning of the year and are trading at €96.10 , down-from-52-week-high.They are outperforming the AEX which is down 8.58% from the start of the year.
Heineken shares lost 100.00% in pre-market trade the report.
Heineken follows other major Consumer Staples sector earnings this month
Heineken's report follows an earnings matched by Unilever on July 26, who reported EPS of €1.3 on revenue of €15.8B, compared to forecasts EPS of €1.3 on revenue of €15.43B.
Sligro Food had missed expectations on July 21 with second quarter EPS of €0.53 on revenue of €661M, compared to forecast for EPS of €1.69 on revenue of €571M.
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