Investing.com - Tui reported on Wednesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Tui announced earnings per share of €0.1186 on revenue of €401.1M. Analysts polled by Investing.com anticipated EPS of €0.1186 on revenue of €272M.
Tui shares are down 3% from the beginning of the year and are trading at €4.890 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 9.89% from the start of the year.
Tui shares lost 1.59% in intra-day trade the report.
Tui follows other major Services sector earnings this month
Tui's report follows an earnings missed by Deutsche Post on May 5, who reported EPS of €0.94 on revenue of €18.86B, compared to forecasts EPS of €0.9445 on revenue of €17.67B.
Vonovia had matched expectations on May 4 with first quarter EPS of €0.5849 on revenue of €581.7M, compared to forecast for EPS of €0.5849 on revenue of €581.95M.
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