Investing.com - Embellence Group AB reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Embellence Group AB announced earnings per share of kr0.92 on revenue of kr169.00. Analysts polled by Investing.com anticipated EPS of kr0.48 on revenue of kr167.5M.
Embellence Group AB shares are down 26% from the beginning of the year and are trading at kr19.90 , down-from-52-week-high.
Embellence Group AB follows other major Consumer Discretionary sector earnings this month
Embellence Group AB's report follows an earnings missed by H&M B on Thursday, September 29, 2022, who reported EPS of kr1.3 on revenue of kr57.45B, compared to forecasts EPS of kr1.98 on revenue of kr57.45B.
MIPS had missed expectations on Wednesday with third quarter EPS of kr1.1 on revenue of kr113.0M, compared to forecast for EPS of kr1.91 on revenue of kr175.23M.
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