Investing.com - Informa reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Informa announced earnings per share of £-0.57 on revenue of £814.4M. Analysts polled by Investing.com anticipated EPS of £8.69 on revenue of £840.00M.
Informa shares are down 57% from the beginning of the year and are trading at £367.60 , down-from-52-week-high.They are under-performing the TR UK 50 which is down 22.67% from the start of the year.
Informa follows other major Services sector earnings this month
Informa's report follows an earnings beat by Flutter Entertainment on August 27, who reported EPS of £0.18 on revenue of £1.54B, compared to forecasts EPS of £-54.33 on revenue of £602.55M.
Ashtead Group had missed expectations on September 8 with first quarter EPS of £0.35 on revenue of £1.08B, compared to forecast for EPS of £0.36 on revenue of £1.17B.
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