Investing.com - Imperial Brands (LON:IMB) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Imperial Brands announced earnings per share of £1.91 on revenue of £15.57B. Analysts polled by Investing.com anticipated EPS of £106.50 on revenue of £4,047M.
Imperial Brands shares are up 5% from the beginning of the year and are trading at £1,614.00 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 11.03% from the start of the year.
Imperial Brands follows other major Consumer/Non-Cyclical sector earnings this month
Imperial Brands's report follows an earnings beat by Coca Cola HBC AG on Wednesday, May 12, 2021, who reported EPS of £0.2838 on revenue of £1.35B, compared to forecasts EPS of £0.2821 on revenue of £1.35B.
Britvic had missed expectations on Tuesday with second quarter EPS of £0.12 on revenue of £617.1M, compared to forecast for EPS of £16.61 on revenue of £582.93M.
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