Investing.com - Relx reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Relx announced earnings per share of £0.34 on revenue of £3.39B. Analysts polled by Investing.com anticipated EPS of £40.30 on revenue of £3,430M.
Relx shares are up 55% from the beginning of the year and are trading at £2,100.00 , down-from-52-week-high.They are outperforming the CAC 40 which is up 19.5% from the start of the year.
Relx follows other major Industrials sector earnings this month
Relx's report follows an earnings missed by Larsen&Toubro on Monday, who reported EPS of £0.1129 on revenue of £3.94B, compared to forecasts EPS of £0.1527 on revenue of £4.03B.
Ryanair had beat expectations on Monday with second quarter EPS of £-0.2416 on revenue of £370.5M, compared to forecast for EPS of £-0.2437 on revenue of £392.62M.
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