Derwent earnings miss, Revenue beats in Q4

  • Investing.com
Derwent earnings miss, Revenue beats in Q4

Investing.com - Derwent reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Derwent announced earnings per share of £-0.61 on revenue of £149.3M (NYSE: MMM ). Analysts polled by Investing.com anticipated EPS of £52.38 on revenue of £125.25M.

Derwent shares are up 7% from the beginning of the year and are trading at £3,316.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 6.3% year to date.

Derwent follows other major Services sector earnings this month

Derwent's report follows an earnings missed by Relx on Thursday, February 11, 2021, who reported EPS of £0.35 on revenue of £3.61B, compared to forecasts EPS of £34.29 on revenue of £3,652M.

Flutter Entertainment had missed expectations on Tuesday, March 2, 2021 with fourth quarter EPS of £0.12 on revenue of £2.88B, compared to forecast for EPS of £153.41 on revenue of £2,321M.

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

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