Investing.com - Aveva reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Aveva announced earnings per share of £0.11 on revenue of £820.4M. Analysts polled by Investing.com anticipated EPS of £59.92 on revenue of £486.59M.
Aveva shares are up 3.34% from the beginning of the year and are trading at £3,328.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 11.57% year to date.
Aveva follows other major Technology sector earnings this month
Aveva's report follows an earnings missed by BT Group on Thursday, May 13, 2021, who reported EPS of £0.0393 on revenue of £5.29B, compared to forecasts EPS of £0.0475 on revenue of £5.29B.
Eleco had missed expectations on Monday, May 10, 2021 with first quarter EPS of £0.02 on revenue of £13.02M, compared to forecast for EPS of £2.28 on revenue of £12.90M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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