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Derwent Earnings miss, Revenue beats In Q2

Published 11/08/2021, 07:14

Investing.com - Derwent reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Derwent announced earnings per share of £1.07 on revenue of £120.4M. Analysts polled by Investing.com anticipated EPS of £51.58 on revenue of £116.19M.

Derwent shares are up 3% from the beginning of the year and are trading at £3,772.0 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 10.84% from the start of the year.

Derwent follows other major Services sector earnings this month

Derwent's report follows an earnings missed by Relx on July 29, who reported EPS of £0.34 on revenue of £3.39B, compared to forecasts EPS of £40.30 on revenue of £3,430M.

Flutter Entertainment had missed expectations on Tuesday with second quarter EPS of £-0.5 on revenue of £1.57B, compared to forecast for EPS of £123.41 on revenue of £2,615M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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