Capita earnings miss, Revenue beats in Q2

  • Investing.com
Capita earnings miss, Revenue beats in Q2

Investing.com - Capita reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Capita announced earnings per share of £0 on revenue of £1.68B. Analysts polled by Investing.com anticipated EPS of £4.18 on revenue of £1,614M.

Capita shares are down 82% from the beginning of the year and are trading at £28.70 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.7% year to date.

Capita follows other major Technology sector earnings this month

Capita's report follows an earnings missed by BT Group on Friday, July 31, 2020, who reported EPS of £0.03 on revenue of £5.25B, compared to forecasts EPS of £0.04 on revenue of £5.24B.

Mail.ru Group had missed expectations on Thursday, July 23, 2020 with second quarter EPS of £-0.17 on revenue of £323.35M, compared to forecast for EPS of £-0.03 on revenue of £325.91M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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