Investing.com - Great Portland Estates reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Great Portland Estates announced earnings per share of £-0.19 on revenue of £49.80M. Analysts polled by Investing.com anticipated EPS of £8.86 on revenue of £40.54M.
Great Portland Estates shares are up 8.31% from the beginning of the year and are trading at £723.50 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Great Portland Estates follows other major Services sector earnings this month
Great Portland Estates's report follows an earnings missed by Compass on May 12, who reported EPS of £0.06 on revenue of £4.24B, compared to forecasts EPS of £8.55 on revenue of £4.24B.
Burberry Group had missed expectations on May 13 with fourth quarter EPS of £0.8 on revenue of £1.47B, compared to forecast for EPS of £42.71 on revenue of £1,391M.
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