Investing.com - Ahold Delhaize reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ahold Delhaize announced earnings per share of €0.54 on revenue of €18.26B. Analysts polled by Investing.com anticipated EPS of €0.4767 on revenue of €17.15B.
Ahold Delhaize shares are down 4% from the beginning of the year and are trading at €23.54 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 9.75% from the start of the year.
Ahold Delhaize follows other major Services sector earnings this month
Ahold Delhaize's report follows an earnings matched by Koninklijke KPN on April 29, who reported EPS of €0.03 on revenue of €1.29B, compared to forecasts EPS of €0.03 on revenue of €1.29B.
Randstad had beat expectations on April 21 with first quarter EPS of €0.76 on revenue of €5.53B, compared to forecast for EPS of €0.7591 on revenue of €5.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar