Investing.com - Ahold Delhaize reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.55 on revenue of €19.77B. Analysts polled by Investing.com anticipated EPS of €0.498 on revenue of €19.25B.
Ahold Delhaize shares are down 12% from the beginning of the year and are trading at €26.25 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 16.14% from the start of the year.
Ahold Delhaize shares lost 5.20% in intra-day trade the report.
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