Investing.com - WH Smith (LON:SMWH) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
WH Smith announced earnings per share of £-0.27 on revenue of £420.0M. Analysts polled by Investing.com anticipated EPS of £-9.17 on revenue of £345.34M.
WH Smith shares are up 19% from the beginning of the year and are trading at £1,809.5 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.62% from the start of the year.
WH Smith follows other major Services sector earnings this month
WH Smith's report follows an earnings missed by Carnival on April 7, who reported EPS of £-1.29 on revenue of £18.86M, compared to forecasts EPS of £-1.24 on revenue of £18.8M.
Associated British Foods had missed expectations on April 20 with second quarter EPS of £0.21 on revenue of £6.31B, compared to forecast for EPS of £17.31 on revenue of £6,698M.
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