Investing.com - Heineken reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Heineken announced earnings per share of €2.3 on revenue of €16.4B. Analysts polled by Investing.com anticipated EPS of €1.89 on revenue of €11,713M.
Heineken shares are down 2% from the beginning of the year and are trading at €96.10 , down-from-52-week-high.They are outperforming the AEX which is down 8.58% from the start of the year.
Heineken shares lost 100.00% in pre-market trade the report.
Heineken follows other major Consumer Staples sector earnings this month
Heineken's report follows an earnings matched by Unilever on Tuesday, July 26, 2022, who reported EPS of €1.3 on revenue of €15.8B, compared to forecasts EPS of €1.3 on revenue of €15.43B.
Sligro Food had missed expectations on Thursday, July 21, 2022 with second quarter EPS of €0.53 on revenue of €661M, compared to forecast for EPS of €1.69 on revenue of €571M.
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