Sunday, May 6, 2012

Tesco post good results

Tesco posted better than expected figures last week. Revenue was on target but earnings beat analysts by quite a margin showing that this cash machine is still able to generate good results during its turnaround.  This below  was from an analysis on Mottley Fool

EPS detailsEPS came in at $0.37. The seven earnings estimates compiled by S&P Capital IQ predicted $0.25 per share. GAAP EPS of $0.37 for Q1 were 185% higher than the prior-year quarter's $0.13 per share.
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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

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