Investing.com - Spirax-Sarco Engineering (LON:SPX) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Spirax-Sarco Engineering announced earnings per share of £1.7 on revenue of £700.8M. Analysts polled by Investing.com anticipated EPS of £166.60 on revenue of £700.31M.
Spirax-Sarco Engineering shares are down 26% from the beginning of the year and are trading at £11,825.0 , down-from-52-week-high.They are under-performing the TR UK 50 which is down 1.33% from the start of the year.
Spirax-Sarco Engineering follows other major Industrials sector earnings this month
Spirax-Sarco Engineering's report follows an earnings missed by BAE Systems on Thursday, February 24, 2022, who reported EPS of £0.24 on revenue of £10.18B, compared to forecasts EPS of £22.01 on revenue of £11,338M.
Bunzl had beat expectations on Monday, February 28, 2022 with fourth quarter EPS of £0.69 on revenue of £5.42B, compared to forecast for EPS of £0.30 on revenue of £5,137M.
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