Investing.com - Rolls-Royce (LON:RR) Holdings reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Rolls-Royce Holdings announced earnings per share of £0.05 on revenue of £5.16B. Analysts polled by Investing.com anticipated EPS of £-2.53 on revenue of £5,423M.
Rolls-Royce Holdings shares are up 43% from the beginning of the year and are trading at £110.68 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 17.78% from the start of the year.
Rolls-Royce Holdings follows other major Industrials sector earnings this month
Rolls-Royce Holdings's report follows an earnings missed by Relx on July 29, who reported EPS of £0.34 on revenue of £3.39B, compared to forecasts EPS of £40.30 on revenue of £3,430M.
Larsen&Toubro had missed expectations on July 26 with second quarter EPS of £0.1129 on revenue of £3.94B, compared to forecast for EPS of £0.1148 on revenue of £3.94B.
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