Business

Campari Shares Tumble After Aperol Maker Misses Analysts’ Estimates

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Shares in Aperol maker Davide Campari CPR 0.36%increase; green up pointing triangle-Milano slumped after missing analysts’ sales estimates in the first quarter, reversing some of its recent share momentum.

The Italian company booked 643 million euros ($755.4 million) for the three months, missing analyst forecasts of 651.1 million euros, as compiled by Visible Alpha.

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