Investing.com - Next reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Next announced earnings per share of £-0.09 on revenue of £1.29B. Analysts polled by Investing.com anticipated EPS of £196.18 on revenue of £2,043M.
Next shares are down 8% from the beginning of the year and are trading at £6,426.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.73% from the start of the year.
Next follows other major Services sector earnings this month
Next's report follows an earnings beat by Flutter Entertainment on August 27, who reported EPS of £0.18 on revenue of £1.54B, compared to forecasts EPS of £-54.33 on revenue of £602.55M.
Ashtead Group had missed expectations on September 8 with first quarter EPS of £0.35 on revenue of £1.08B, compared to forecast for EPS of £0.36 on revenue of £1.17B.
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