Investing.com - Vina Concha To reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Vina Concha To announced earnings per share of 31.37 on revenue of 222.2B. Analysts polled by Investing.com anticipated EPS of 25.7 on revenue of 230.69B.
Vina Concha To shares are down 16% from the beginning of the year , still down 25.92% from its 52 week high of 1,485.00 set on Tuesday, November 30, 2021. They are under-performing the S&P CLX IPSA which is up 25.77% year to date.
Vina Concha To follows other major Consumer Staples sector earnings this month
Vina Concha To's report follows an earnings missed by Cencosud on Friday, August 12, 2022, who reported EPS of -7.1 on revenue of 3,404.82B, compared to forecasts EPS of 41.29 on revenue of 2,982.22B.
Embotelladora Andina B had beat expectations on Wednesday with second quarter EPS of 26.98 on revenue of 591.7B, compared to forecast for EPS of 23.9 on revenue of 571.63B.
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