Investing.com - IMI (LON:IMI) PLC reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
IMI PLC announced earnings per share of £0.31 on revenue of £907.0M. Analysts polled by Investing.com anticipated EPS of £34.84 on revenue of £864.40M.
IMI PLC shares are up 27% from the beginning of the year and are trading at £1,756.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 15.72% from the start of the year.
IMI PLC follows other major Industrials sector earnings this month
IMI PLC's report follows an earnings missed by Relx on Thursday, who reported EPS of £0.34 on revenue of £3.39B, compared to forecasts EPS of £40.30 on revenue of £3,430M.
Larsen&Toubro had missed expectations on Monday with first quarter EPS of £0.1129 on revenue of £3.94B, compared to forecast for EPS of £0.1527 on revenue of £4.03B.
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