Investing.com - Pacific Industrial reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Pacific Industrial announced earnings per share of ¥20.4 on revenue of ¥46.4. Analysts polled by Investing.com anticipated EPS of ¥26.2 on revenue of ¥43.85B.
Pacific Industrial shares are down 16.97% from the beginning of the year, still down 21.43% from its 52 week high of ¥1,288.00 set on January 5.
Pacific Industrial follows other major Consumer Discretionary sector earnings this month
Pacific Industrial's report follows an earnings beat by Fast Retailing on October 13, who reported EPS of ¥347.4 on revenue of ¥536.0B, compared to forecasts EPS of ¥-125.02 on revenue of ¥506.06B.
Shimano Inc had beat expectations on Tuesday with third quarter EPS of ¥494.81 on revenue of ¥164.0B, compared to forecast for EPS of ¥317.3 on revenue of ¥147.01B.
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