Investing.com - Reckitt Benckiser reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Reckitt Benckiser announced earnings per share of £0.15 on revenue of £3.57B. Analysts polled by Investing.com anticipated EPS of £162.30 on revenue of £3.56B.
Reckitt Benckiser shares are down 9.08% from the beginning of the year and are trading at £5,948.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 3.94% from the start of the year.
Reckitt Benckiser follows other major Consumer/Non-Cyclical sector earnings this month
Reckitt Benckiser's report follows an earnings missed by Diageo on January 28, who reported EPS of £0.67 on revenue of £6.87B, compared to forecasts EPS of £80.90 on revenue of £7,322M.
British American Tobacco had missed expectations on February 17 with fourth quarter EPS of £1.28 on revenue of £13.51B, compared to forecast for EPS of £174.33 on revenue of £13,356M.
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