Investing.com - Shaftesbury reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Shaftesbury announced earnings per share of £-0.93 on revenue of £53.20M. Analysts polled by Investing.com anticipated EPS of £0.64 on revenue of £40.14M.
Shaftesbury shares are up 3.34% from the beginning of the year, still down 14.97% from its 52 week high of £691.53 set on June 8, 2020. They are outperforming the EUR/USD which is down 0% from the start of the year.
Shaftesbury follows other major Services sector earnings this month
Shaftesbury's report follows an earnings missed by Compass on May 12, who reported EPS of £0.06 on revenue of £4.24B, compared to forecasts EPS of £8.55 on revenue of £4.24B.
Burberry Group had missed expectations on May 13 with fourth quarter EPS of £0.8 on revenue of £1.47B, compared to forecast for EPS of £42.71 on revenue of £1,391M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar