Investing.com - Kingfisher (LON:KGF) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kingfisher announced earnings per share of £18.3 on revenue of £6.8B. Analysts polled by Investing.com anticipated EPS of £24.2 on revenue of £7,096M.
Kingfisher shares are down 29% from the beginning of the year and are trading at £240.20 , down-from-52-week-high.
Kingfisher shares lost 2.87% in intra-day trade the report.
Kingfisher follows other major Consumer Discretionary sector earnings this month
Kingfisher's report follows an earnings missed by Berkeley on December 6, 2021, who reported EPS of £1.46 on revenue of £895.9M, compared to forecasts EPS of £188.41 on revenue of £1,219M.
Redrow had matched expectations on September 14 with third quarter EPS of £0.17 on revenue of £2.14B, compared to forecast for EPS of £0.17 on revenue of £1,038M.
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