Investing.com - Reckitt Benckiser reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Reckitt Benckiser announced earnings per share of £1.88 on revenue of £3.46B. Analysts polled by Investing.com anticipated EPS of £145.00 on revenue of £3.37B.
Reckitt Benckiser shares are up 3.28% from the beginning of the year and are trading at £6,550.0 , down-from-52-week-high.They are broadly in line with the TR UK 50 which is up 3.63% from the start of the year.
Reckitt Benckiser follows other major Consumer Staples sector earnings this month
Reckitt Benckiser's report follows an earnings missed by British American Tobacco on Wednesday, who reported EPS of £0.82 on revenue of £12.87B, compared to forecasts EPS of £167.60 on revenue of £12,674M.
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