Sage Earnings miss, Revenue beats In Q4
Investing.com - Sage reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sage announced earnings per share of £0.08 on revenue of £928.0M. Analysts polled by Investing.com anticipated EPS of £13.05 on revenue of £424.00M.
Sage shares are down 21% from the beginning of the year and are trading at £588.80 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 6.31% from the start of the year.
Sage follows other major Technology sector earnings this month
Sage's report follows an earnings beat by BT Group on Thursday, October 29, 2020, who reported EPS of £0.0433 on revenue of £5.36B, compared to forecasts EPS of £0.04 on revenue of £5.43B.
Halma had missed expectations on Thursday with second quarter EPS of £0.2 on revenue of £618.4M, compared to forecast for EPS of £26.10 on revenue of £645.14M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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