Investing.com - Diageo (LON:DGE) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Diageo announced earnings per share of £0.67 on revenue of £6.87B. Analysts polled by Investing.com anticipated EPS of £80.90 on revenue of £7,322M.
Diageo shares are up 2.26% from the beginning of the year and are trading at £2,943.0 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 1.15% from the start of the year.
Diageo follows other major Consumer/Non-Cyclical sector earnings this month
Diageo's report follows an earnings missed by A.G Barr on Tuesday, September 22, 2020, who reported EPS of £0.02 on revenue of £113.2M, compared to forecasts EPS of £8.89 on revenue of £123.40M.
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