Previous close | 192.18 |
Open | 206.00 |
Bid | 204.20 x 0 |
Ask | 209.70 x 0 |
Day's range | 203.00 - 209.00 |
52-week range | 101.14 - 211.30 |
Volume | |
Avg. volume | 163,094 |
Market cap | 94.339B |
Beta (5Y monthly) | 0.92 |
PE ratio (TTM) | 39.67 |
EPS (TTM) | 5.23 |
Earnings date | 25 Jul 2024 |
Forward dividend & yield | 3.23 (1.98%) |
Ex-dividend date | 22 May 2023 |
1y target est | N/A |
(Bloomberg) -- EssilorLuxottica SA said Meta Platforms Inc. is planning to buy a stake in the world’s biggest eye-wear maker, a deal which would see the US tech giant stepping up its push into smart glasses.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerGreat Rotation Trade Sees Inve
EssilorLuxottica (EPA:ESLX) shares were up on Friday after reporting strong financial performance for the first half of 2024, underpinned by solid revenue growth and margin expansion. The eyewear giant reported a 5.3% increase in revenue at constant exchange rates to €13.29 billion, demonstrating continued momentum across all regions and business segments. The adjusted operating profit margin reached 18.8%, reflecting a 50 basis point year-on-year improvement.
MILAN (Reuters) -The head of eyewear company EssilorLuxottica said Meta had informed him that it might take a stake in the company, adding on Thursday that he would welcome such a step. The comments from CEO Francesco Milleri follow media reports last week that Meta could invest in the Ray-Ban maker. The Wall Street Journal said the two companies had discussed Meta taking a 5% stake in the Franco-Italian group.