Investing.com - Whitbread (LON:WTB) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whitbread announced earnings per share of £-0.19 on revenue of £661.6M. Analysts polled by Investing.com anticipated EPS of £-184.33 on revenue of £245.88M.
Whitbread shares are up 6% from the beginning of the year and are trading at £3,293.0 , down-from-52-week-high.They are under-performing the TR UK 50 which is up 10.33% from the start of the year.
Whitbread follows other major Services sector earnings this month
Whitbread's report follows an earnings missed by Tesco on October 6, who reported EPS of £0.11 on revenue of £30.42B, compared to forecasts EPS of £6.25 on revenue of £31,745M.
Carnival had missed expectations on September 30 with third quarter EPS of £-1.75 on revenue of £546M, compared to forecast for EPS of £-1.55 on revenue of £670.38M.
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