Investing.com - Bodycote reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bodycote announced earnings per share of £-0.01 on revenue of £306.7M. Analysts polled by Investing.com anticipated EPS of £16.56 on revenue of £256.30M.
Bodycote shares are down 10% from the beginning of the year and are trading at £602.50 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 16.52% from the start of the year.
Bodycote follows other major Basic Materials sector earnings this month
Bodycote's report follows an earnings missed by DS Smith on July 2, who reported EPS of £0.09 on revenue of £2.86B, compared to forecasts EPS of £16.10 on revenue of £3,118M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar