ITV Earnings, Revenue miss In Q4

  • Investing.com
ITV Earnings, Revenue miss In Q4

Investing.com - ITV (LON: ITV ) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

ITV announced earnings per share of £0.07 on revenue of £1.09B. Analysts polled by Investing.com anticipated EPS of £5.82 on revenue of £1,650M.

ITV shares are up 5% from the beginning of the year and are trading at £126.35 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is up 5.36% from the start of the year.

ITV follows other major Services sector earnings this month

ITV's report follows an earnings missed by Relx on Thursday, February 11, 2021, who reported EPS of £0.35 on revenue of £3.61B, compared to forecasts EPS of £34.29 on revenue of £3,652M.

Flutter Entertainment had missed expectations on Tuesday, March 2, 2021 with fourth quarter EPS of £0.12 on revenue of £2.88B, compared to forecast for EPS of £153.41 on revenue of £2,321M.

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

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