Investing.com - Ahold Delhaize reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.59 on revenue of €18.21B. Analysts polled by Investing.com anticipated EPS of €0.51 on revenue of €17.57B. That with comparison to EPS of €0.4 on revenue of €15.9B in the same period a year before.Ahold Delhaize had reported EPS of €0.52 on revenue of €17.4B in the previous quarter.Analysts are expecting EPS of €0.43 and revenue of €17.81B in the upcoming quarter.
Ahold Delhaize shares are up 2% from the beginning of the year and are trading at €22.93 , down-from-52-week-high.They are outperforming the AEX which is down 15.09% year to date.
Ahold Delhaize follows other major Services sector earnings this month
Ahold Delhaize's report follows an earnings matched by Koninklijke KPN on Thursday, April 30, 2020, who reported EPS of €0.03 on revenue of €1.33B, compared to forecasts EPS of €0.03 on revenue of €1.32B.
Randstad had beat expectations on Wednesday, April 22, 2020 with first quarter EPS of €0.58 on revenue of €5.41B, compared to forecast for EPS of €0.5 on revenue of €5.01B.
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