Investing.com - Smiths Group (LON:SMIN) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Smiths Group announced earnings per share of £0.05 on revenue of £1.15B. Analysts polled by Investing.com anticipated EPS of £24.74 on revenue of £1,151M.
Smiths Group shares are up 3% from the beginning of the year and are trading at £1,560.00 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 4.34% from the start of the year.
Smiths Group follows other major Capital Goods sector earnings this month
Smiths Group's report follows an earnings missed by Persimmon on March 3, who reported EPS of £1.25 on revenue of £2.14B, compared to forecasts EPS of £17.00 on revenue of £1,510M.
Rolls-Royce Holdings had missed expectations on March 11 with first quarter EPS of £0.35 on revenue of £6.00B, compared to forecast for EPS of £58.97 on revenue of £5,420M.
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