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MYT Netherlands Earnings beat, Revenue misses In Q1

Published 15/09/2022, 13:43
MYTE
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Investing.com - MYT Netherlands reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

MYT Netherlands announced earnings per share of €0.1366 on revenue of €174.84M. Analysts polled by Investing.com anticipated EPS of €0.0788 on revenue of €182.95M.

MYT Netherlands shares are down 12% from the beginning of the year and are trading at €14.00 , down-from-52-week-high.

MYT Netherlands shares gained 7.78% in pre-market trade the report.

MYT Netherlands follows other major Consumer Discretionary sector earnings this month

MYT Netherlands's report follows an earnings beat by Lowe’s on August 17, who reported EPS of €4.67 on revenue of €27.48B, compared to forecasts EPS of €4.58 on revenue of €28.12B.

BYD ADR had beat expectations on August 29 with second quarter EPS of €0.2774 on revenue of €12.14B, compared to forecast for EPS of €0.2645 on revenue of €12.73B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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