Investing.com - Symphony Ltd reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Symphony Ltd announced earnings per share of ₹4.67 on revenue of ₹2.74. Analysts polled by Investing.com anticipated EPS of ₹6.43 on revenue of ₹2.85B.
Symphony Ltd shares are down 14.44% from the beginning of the year , still down 29.59% from its 52 week high of ₹1,215.00 set on Friday, April 8, 2022.
Symphony Ltd follows other major Consumer Discretionary sector earnings this month
Symphony Ltd'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.
Johnson Controls-Hitachi Air had missed expectations on Wednesday with second quarter EPS of ₹-19.5 on revenue of ₹3.08B, compared to forecast for EPS of ₹-9 on revenue of ₹4.43B.
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