Investing.com - Capita reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Capita announced earnings per share of £-0.01 on revenue of £1.64B. Analysts polled by Investing.com anticipated EPS of £2.97 on revenue of £1,633M.
Capita shares are up 19% from the beginning of the year and are trading at £46.98 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 6.49% from the start of the year.
Capita follows other major Technology sector earnings this month
Capita's report follows an earnings beat by Mail.ru Group on March 4, who reported EPS of £0.7228 on revenue of £448.33M, compared to forecasts EPS of £0.096 on revenue of £415.17M.
Rightmove had missed expectations on February 26 with fourth quarter EPS of £0.07 on revenue of £110.9M, compared to forecast for EPS of £6.96 on revenue of £110.50M.
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