Investing.com - Kingfisher (LON:KGF) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kingfisher announced earnings per share of £18.3 on revenue of £6.8B. Analysts polled by Investing.com anticipated EPS of £24.2 on revenue of £7,096M.
Kingfisher shares are down 29% from the beginning of the year and are trading at £240.20 , down-from-52-week-high.
Kingfisher shares lost 2.87% in intra-day trade the report.
Kingfisher follows other major Consumer Discretionary sector earnings this month
Kingfisher's report follows an earnings missed by Berkeley on Monday, December 6, 2021, who reported EPS of £1.46 on revenue of £895.9M, compared to forecasts EPS of £188.41 on revenue of £1,219M.
Redrow had matched expectations on Wednesday, September 14, 2022 with third quarter EPS of £0.17 on revenue of £2.14B, compared to forecast for EPS of £0.17 on revenue of £1,038M.
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