Investing.com - ITM Power reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ITM Power announced earnings per share of £-0.05 on revenue of £1.47M. Analysts polled by Investing.com anticipated EPS of £-3.50 on revenue of £18.78M.
ITM Power shares are down 45.84% from the beginning of the year and are trading at £115.25 , down-from-52-week-high.
ITM Power follows other major Industrials sector earnings this month
ITM Power's report follows an earnings missed by Bunzl on August 30, who reported EPS of £0.66 on revenue of £5.65B, compared to forecasts EPS of £70.72 on revenue of £5,091M.
Melrose Industries had missed expectations on September 8 with second quarter EPS of £-0.06 on revenue of £3.59B, compared to forecast for EPS of £2.28 on revenue of £3,496M.
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