Berkeley Earnings miss, Revenue beats In Q2

  • Investing.com
Berkeley Earnings miss, Revenue beats In Q2
Credit: © Reuters.

Investing.com - Berkeley reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Berkeley announced earnings per share of £1.98 on revenue of £1.22B. Analysts polled by Investing.com anticipated EPS of £75.00 on revenue of £645.57M.

Berkeley shares are down 46.39% from the beginning of the year and are trading at £3,589.0 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.67% from the start of the year.

Berkeley follows other major Consumer Discretionary sector earnings this month

Berkeley's report follows an earnings missed by Mahindra and Mahindra on Friday, August 5, 2022, who reported EPS of £0.1552 on revenue of £2.47B, compared to forecasts EPS of £0.1563 on revenue of £2.48B.

Flutter Entertainment had missed expectations on Friday, August 12, 2022 with second quarter EPS of £1.01 on revenue of £1.82B, compared to forecast for EPS of £1.17 on revenue of £1.61B.

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

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