Investing.com - Whitbread (LON:WTB) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Whitbread announced earnings per share of £-3.77 on revenue of £250.5M. Analysts polled by Investing.com anticipated EPS of £127.84 on revenue of £1,079M.
Whitbread shares are down 54% from the beginning of the year and are trading at £2,200.0 , down-from-52-week-high.They are under-performing the FTSE 100 which is down 24.04% 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 7, who reported EPS of £0.04 on revenue of £28.72B, compared to forecasts EPS of £7.51 on revenue of £31,783M.
Carnival had beat expectations on October 8 with third quarter EPS of £-1.69 on revenue of £23.98M, compared to forecast for EPS of £-1.7 on revenue of £60.52M.
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