Investing.com - Taylor Wimpey (LON:TW) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Taylor Wimpey announced earnings per share of £-0.01 on revenue of £754.6M. Analysts polled by Investing.com anticipated EPS of £3.02 on revenue of £1,165M.
Taylor Wimpey shares are down 20% from the beginning of the year and are trading at £122.20 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.63% from the start of the year.
Taylor Wimpey follows other major Capital Goods sector earnings this month
Taylor Wimpey's report follows an earnings missed by Weir Group on Wednesday, who reported EPS of £0.17 on revenue of £1.09B, compared to forecasts EPS of £26.07 on revenue of £1,084M.
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