Segro Earnings miss, Revenue beats In Q2

  • Investing.com
Segro Earnings miss, Revenue beats In Q2

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

Segro announced earnings per share of £0.19 on revenue of £198.1M. Analysts polled by Investing.com anticipated EPS of £12.57 on revenue of £176.48M.

Segro shares are up 10% from the beginning of the year and are trading at £987.60 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 12.19% from the start of the year.

Segro follows other major Transportation sector earnings this month

Segro's report follows an earnings missed by IAG on Friday, July 31, 2020, who reported EPS of £-0.64 on revenue of £633.37M, compared to forecasts EPS of £-0.6 on revenue of £573.48M.

FirstGroup had missed expectations on Wednesday, July 8, 2020 with second quarter EPS of £-0.13 on revenue of £4.22B, compared to forecast for EPS of £11.18 on revenue of £4,037M.

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

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