Babcock International Earnings, Revenue miss In Q1

  • Investing.com
Babcock International Earnings, Revenue miss In Q1
Credit: © Reuters.

Investing.com - Babcock International reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Babcock International announced earnings per share of £-0.64 on revenue of £2.25B. Analysts polled by Investing.com anticipated EPS of £35.89 on revenue of £2,446M.

Babcock International shares are down 31% from the beginning of the year and are trading at £376.60 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 15.09% year to date.

Babcock International follows other major Transportation sector earnings this month

Babcock International's report follows an earnings missed by Big Yellow on Tuesday, who reported EPS of £-0.02 on revenue of £65.04M, compared to forecasts EPS of £23.47 on revenue of £54.17M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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