Relx Earnings miss, Revenue beats In Q2 By Investing.com

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Relx Earnings miss, Revenue beats In Q2

Published Jul 24, 2020 07:07

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Investing.com - Relx reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Relx announced earnings per share of £0.28 on revenue of £3.50B. Analysts polled by Investing.com anticipated EPS of £39.27 on revenue of £3,364M.

Relx shares are down 10% from the beginning of the year and are trading at £1,700.00 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 16.52% from the start of the year.

Relx follows other major Services sector earnings this month

Relx's report follows an earnings beat by Ocado on July 14, who reported EPS of £-0.08 on revenue of £1.09B, compared to forecasts EPS of £-6.76 on revenue of £1,103M.

JD Sports Fashion had missed expectations on July 7 with second quarter EPS of £0.16 on revenue of £3.39B, compared to forecast for EPS of £21.05 on revenue of £3,147M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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