Investing.com - Whitbread (LON:WTB) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Whitbread announced earnings per share of £-1.22 on revenue of £338.4M. Analysts polled by Investing.com anticipated EPS of £-135.89 on revenue of £356.59M.
Whitbread shares are up 6% from the beginning of the year and are trading at £3,297.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 10.23% from the start of the year.
Whitbread follows other major Services sector earnings this month
Whitbread'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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