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 EPS of ₹2.60 on revenue of ₹4.67B.
Metro Brands 's are up 93.96% and is trading at ₹888.55 , still down 9.33% from its 52 week high of ₹980.00 set on Thursday, October 6, 2022.
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, 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, for EPS of ₹7.77 on revenue of ₹28.6B.
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