Investing.com - Ahold Delhaize reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.53 on revenue of €19.6B. Analysts polled by Investing.com anticipated EPS of €0.6033 on revenue of €18.79B.
Ahold Delhaize shares are down 0% from the beginning of the year and are trading at €23.06 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 4.63% from the start of the year.
Ahold Delhaize shares lost 3.23% in intra-day trade the report.
Ahold Delhaize follows other major Services sector earnings this month
Ahold Delhaize's report follows an earnings beat by Koninklijke KPN on January 29, who reported EPS of €0.0414 on revenue of €1.35B, compared to forecasts EPS of €0.0313 on revenue of €1.34B.
Randstad had beat expectations on February 9 with fourth quarter EPS of €0.9 on revenue of €5.69B, compared to forecast for EPS of €0.8111 on revenue of €5.57B.
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