Investing.com - Kering (PA:PRTP) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kering announced earnings per share of €13.86 on revenue of €5.41B. Analysts polled by Investing.com anticipated EPS of €13.47 on revenue of €4.76B.
Kering shares are down 15% from the beginning of the year, still down 16.80% from its 52 week high of €798.00 set on August 13, 2021. They are under-performing the Euro Stoxx 50 which is down 4.31% from the start of the year.
Kering follows other major Consumer Discretionary sector earnings this month
Kering's report follows an earnings matched by Louis Vuitton on January 27, who reported EPS of €11.18 on revenue of €20.04B, compared to forecasts EPS of €11.18 on revenue of €17.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar