EasyJet Earnings, Revenue beat In Q2

  • Investing.com
EasyJet Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - EasyJet reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

EasyJet announced earnings per share of £-57.2 on revenue of £1.5B. Analysts polled by Investing.com anticipated EPS of £-67.48 on revenue of £664M.

EasyJet shares are down 8.25% from the beginning of the year and are trading at £510.12 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.

EasyJet shares gained 1.72% in intra-day trade the report.

EasyJet follows other major Industrials sector earnings this month

EasyJet's report follows an earnings missed by Larsen&Toubro on Thursday, May 12, 2022, who reported EPS of £0.3325 on revenue of £6.82B, compared to forecasts EPS of £0.3542 on revenue of £6.99B.

IAG had missed expectations on Friday, May 6, 2022 with first quarter EPS of £-0.163 on revenue of £3.44B, compared to forecast for EPS of £-0.1617 on revenue of £3.38B.

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

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