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 £0.39 on revenue of £3.97B. Analysts polled by Investing.com anticipated EPS of £57.54 on revenue of £4,022M.
Relx shares are down 4.24% from the beginning of the year and are trading at £2,399.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.28% 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 Tuesday, who reported EPS of £0.1514 on revenue of £4.49B, compared to forecasts EPS of £0.1638 on revenue of £4.36B.
BAE Systems had missed expectations on Thursday with second quarter EPS of £0.19 on revenue of £9.74B, compared to forecast for EPS of £20.61 on revenue of £10,439M.
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