Investing.com - Bunzl (LON:BNZL) reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bunzl announced earnings per share of £0.69 on revenue of £5.42B. Analysts polled by Investing.com anticipated EPS of £0.30 on revenue of £5,137M.
Bunzl shares are up 2% from the beginning of the year and are trading at £2,969.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 7.11% from the start of the year.
Bunzl follows other major Industrials sector earnings this month
Bunzl's report follows an earnings missed by BAE Systems on Thursday, who reported EPS of £0.24 on revenue of £10.18B, compared to forecasts EPS of £22.01 on revenue of £11,338M.
Ryanair had missed expectations on January 31 with fourth quarter EPS of £-0.0847 on revenue of £1.47B, compared to forecast for EPS of £-0.075 on revenue of £1.52B.
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