Babcock International Earnings, Revenue miss In Q1

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

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

Babcock International announced earnings per share of £-3.48 on revenue of £2.07B. Analysts polled by Investing.com anticipated EPS of £11.52 on revenue of £2,447M.

Babcock International shares are up 27% from the beginning of the year and are trading at £255.90 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 15.72% from the start of the year.

Babcock International follows other major Industrials sector earnings this month

Babcock International's report follows an earnings missed by Relx on Thursday, who reported EPS of £0.34 on revenue of £3.39B, compared to forecasts EPS of £40.30 on revenue of £3,430M.

Larsen&Toubro had missed expectations on Monday with first quarter EPS of £0.1129 on revenue of £3.94B, compared to forecast for EPS of £0.1527 on revenue of £4.03B.

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

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