Investing.com - Melrose PLC BATS EU reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Melrose PLC BATS EU announced earnings per share of £-0.06 on revenue of £3.59B. Analysts polled by Investing.com anticipated EPS of £2.28 on revenue of £3,496M.
Melrose PLC BATS EU shares are down 12.83% from the beginning of the year and are trading at £137.08 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Melrose PLC BATS EU follows other major Industrials sector earnings this month
Melrose PLC BATS EU's report follows an earnings missed by SAS on August 26, who reported EPS of £-0.25 on revenue of £8.58B, compared to forecasts EPS of £-0.24 on revenue of £10.83B.
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