Investing.com - Informa reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Informa announced earnings per share of £-0.19 on revenue of £846.4M. Analysts polled by Investing.com anticipated EPS of £1.81 on revenue of £769.00M.
Informa shares are down 0% from the beginning of the year and are trading at £552.60 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 10.18% from the start of the year.
Informa follows other major Services sector earnings this month
Informa's report follows an earnings missed by Carnival on April 7, who reported EPS of £-1.29 on revenue of £18.86M, compared to forecasts EPS of £-1.22 on revenue of £18.87M.
Associated British Foods had missed expectations on Tuesday with second quarter EPS of £0.21 on revenue of £6.31B, compared to forecast for EPS of £17.31 on revenue of £6,698M.
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