Investing.com - Metro Brands reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Metro Brands announced earnings per share of ₹2.86 on revenue of ₹4.76. Analysts polled by Investing.com anticipated EPS of ₹2.60 on revenue of ₹4.67B.
Metro Brands shares are up 93.96% from the beginning of the year and are trading at ₹888.55 , down-from-52-week-high.
Metro Brands follows other major Consumer Discretionary sector earnings this month
Metro Brands's report follows an earnings beat by Bajaj Auto on Friday, October 14, 2022, who reported EPS of ₹60.1 on revenue of ₹102.0B, compared to forecasts EPS of ₹48.82 on revenue of ₹99.12B.
Dixon Tech had missed expectations on Wednesday, August 31, 2022 with third quarter EPS of ₹7.7 on revenue of ₹28.55B, compared to forecast for EPS of ₹7.77 on revenue of ₹28.6B.
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