Update: Ermenegildo Zegna H1 Earnings Decline, Revenue Increases

MT Newswires Live09-03

(Updates with H1 earnings, revenue in the first to fourth paragraphs.)

Ermenegildo Zegna (ZGN) reported H1 earnings Thursday of 0.09 euro ($0.10) per diluted share, down from 0.17 euro a year earlier.

Three analysts polled by FactSet expected 0.16 euro.

Revenue for the six months ending June 30 was 987.3 million euros, up from 927.7 million euros a year earlier.

Three analysts expected 987.2 million euros.

Q2 revenue was 517.1 million euros, up from 468.9 million euros a year earlier.

A single analyst expected 517.1 million euros.

Shares of the company were up 3.3% in recent premarket activity.

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