Investing.com - Ultra Electronics reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ultra Electronics announced earnings per share of £0.53 on revenue of £404.5M. Analysts polled by Investing.com anticipated EPS of £52.47 on revenue of £406.01M.
Ultra Electronics shares are up 57.82% from the beginning of the year and are trading at £3,270.0 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Ultra Electronics follows other major Capital Goods sector earnings this month
Ultra Electronics's report follows an earnings missed by Berkeley on Wednesday, June 23, 2021, who reported EPS of £1.87 on revenue of £1.31B, compared to forecasts EPS of £204.50 on revenue of £1,229M.
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