Investing.com - Pernod Ricard (PA:PERP) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pernod Ricard announced earnings per share of €4.86 on revenue of €3.24B. Analysts polled by Investing.com anticipated EPS of €3.95 on revenue of €3.12B.
Pernod Ricard shares are up 3% from the beginning of the year and are trading at €191.30 , down-from-52-week-high.They are outperforming the Dow Jones which is down 1.57% from the start of the year.
Pernod Ricard shares lost 0.31% in intra-day trade the report.
Pernod Ricard follows other major Consumer Staples sector earnings this month
Pernod Ricard's report follows an earnings beat by L'Oreal on Wednesday, who reported EPS of €4.07 on revenue of €9.09B, compared to forecasts EPS of €3.70 on revenue of €8.69B.
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