Investing.com - Compass reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Compass announced earnings per share of £0.36 on revenue of £12.48B. Analysts polled by Investing.com anticipated EPS of £44.55 on revenue of £12,977M. That with comparison to EPS of £0.41 on revenue of £12.33B in the same period a year before.
Compass shares are down 41.06% from the beginning of the year and are trading at £1,114.00 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 18.49% year to date.
Compass follows other major Services sector earnings this month
Compass's report follows an earnings missed by Associated British Foods on Tuesday, April 21, 2020, who reported EPS of £0.28 on revenue of £7.65B, compared to forecasts EPS of £56.91 on revenue of £7,746M.
Land Securities had missed expectations on Tuesday, May 12, 2020 with fourth quarter EPS of £-0.93 on revenue of £372.0M, compared to forecast for EPS of £29.78 on revenue of £371.31M.
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