Investing.com - Intertek reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Intertek announced earnings per share of £0.76 on revenue of £541M. Analysts polled by Investing.com anticipated EPS of £95.48 on revenue of £1,457M.
Intertek shares are down 22% from the beginning of the year, still down 24.86% from its 52 week high of £5,824.00 set on December 13, 2021. They are under-performing the STOXX 600 which is down 10.15% from the start of the year.
Intertek follows other major Industrials sector earnings this month
Intertek's report follows an earnings missed by Relx on Thursday, who reported EPS of £0.39 on revenue of £3.97B, compared to forecasts EPS of £57.54 on revenue of £4,022M.
Larsen&Toubro had missed expectations on Tuesday with second quarter EPS of £0.1514 on revenue of £4.49B, compared to forecast for EPS of £0.1638 on revenue of £4.36B.
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