Investing.com - Persimmon (LON:PSN) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Persimmon announced earnings per share of £1.22 on revenue of £1.84B. Analysts polled by Investing.com anticipated EPS of £15.00 on revenue of £1,573M.
Persimmon shares are up 5% from the beginning of the year and are trading at £2,910.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 18.89% from the start of the year.
Persimmon follows other major Capital Goods sector earnings this month
Persimmon's report follows an earnings missed by BAE Systems on July 29, who reported EPS of £0.219 on revenue of £10.04B, compared to forecasts EPS of £19.92 on revenue of £9,952M.
Rolls-Royce Holdings had beat expectations on August 5 with second quarter EPS of £0.05 on revenue of £5.16B, compared to forecast for EPS of £-2.53 on revenue of £5,423M.
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