Investing.com - Relx reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Relx announced earnings per share of £0.35 on revenue of £3.61B. Analysts polled by Investing.com anticipated EPS of £34.29 on revenue of £3,652M.
Relx shares are up 1% from the beginning of the year and are trading at £1,825.00 , down-from-52-week-high.They are broadly in line with the TR UK 50 which is up 1.04% from the start of the year.
Relx follows other major Services sector earnings this month
Relx's report follows an earnings beat by Ocado on Tuesday, who reported EPS of £-0.09 on revenue of £1.25B, compared to forecasts EPS of £-0.13 on revenue of £1,221M.
Carnival had missed expectations on January 26 with fourth quarter EPS of £-1.47 on revenue of £24.74M, compared to forecast for EPS of £-1.42 on revenue of £69.5M.
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