Barratt Developments Earnings miss, Revenue beats In Q2

  • Investing.com
Barratt Developments Earnings miss, Revenue beats In Q2

Investing.com - Barratt Developments (LON: BDEV ) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Barratt Developments announced earnings per share of £0.3 on revenue of £2.32B. Analysts polled by Investing.com anticipated EPS of £32.00 on revenue of £1,966M.

Barratt Developments shares are up 5% from the beginning of the year and are trading at £709.40 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 18.94% from the start of the year.

Barratt Developments follows other major Capital Goods sector earnings this month

Barratt Developments's report follows an earnings beat by Rolls-Royce Holdings on Thursday, August 5, 2021, who reported EPS of £0.05 on revenue of £5.16B, compared to forecasts EPS of £-2.53 on revenue of £5,423M.

Persimmon had missed expectations on Wednesday, August 18, 2021 with second quarter EPS of £1.22 on revenue of £1.84B, compared to forecast for EPS of £15.00 on revenue of £1,573M.

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

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