Investing.com - Next reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Next announced earnings per share of £2.24 on revenue of £2.12B. Analysts polled by Investing.com anticipated EPS of £37.38 on revenue of £1,349M.
Next shares are up 18% from the beginning of the year and are trading at £8,394.0 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 10.02% from the start of the year.
Next follows other major Services sector earnings this month
Next's report follows an earnings missed by Ashtead Group on September 16, who reported EPS of £0.71 on revenue of £1.85B, compared to forecasts EPS of £32.00 on revenue of £1,159M.
Carnival had missed expectations on September 24 with third quarter EPS of £-1.75 on revenue of £533.22M, compared to forecast for EPS of £-1.49 on revenue of £720.83M.
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