Investing.com - Kingfisher (LON:KGF) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Kingfisher announced earnings per share of £0.26 on revenue of £7.10B. Analysts polled by Investing.com anticipated EPS of £12.20 on revenue of £3.36B.
Kingfisher shares are up 29% from the beginning of the year and are trading at £349.90 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 14.95% from the start of the year.
Kingfisher follows other major Consumer Discretionary sector earnings this month
Kingfisher's report follows an earnings missed by Barratt Developments on Thursday, September 2, 2021, who reported EPS of £0.3 on revenue of £2.32B, compared to forecasts EPS of £32.00 on revenue of £1,966M.
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