Investing.com - Meggitt (LON:MGGT) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Meggitt announced earnings per share of £0 on revenue of £821.0M. Analysts polled by Investing.com anticipated EPS of £7.82 on revenue of £771.29M.
Meggitt shares are up 7% from the beginning of the year and are trading at £790.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 9.99% from the start of the year.
Meggitt follows other major Industrials sector earnings this month
Meggitt's report follows an earnings missed by Relx on Thursday, July 28, 2022, who reported EPS of £0.39 on revenue of £3.97B, compared to forecasts EPS of £57.54 on revenue of £4,022M.
Larsen&Toubro had missed expectations on Tuesday, July 26, 2022 with second quarter EPS of £0.1514 on revenue of £4.49B, compared to forecast for EPS of £0.1665 on revenue of £4.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar