Intertek earnings miss, Revenue beats in Q2

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

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

Intertek announced earnings per share of £0.81 on revenue of £1.33B. Analysts polled by Investing.com anticipated EPS of £55.07 on revenue of £1,323M.

Intertek shares are up 9% from the beginning of the year and are trading at £5,378.0 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 21% year to date.

Intertek follows other major Services sector earnings this month

Intertek's report follows an earnings missed by Relx on Thursday, July 23, 2020, who reported EPS of £0.28 on revenue of £3.50B, compared to forecasts EPS of £39.27 on revenue of £3,364M.

Ocado had beat expectations on Tuesday, July 14, 2020 with second quarter EPS of £-0.08 on revenue of £1.09B, compared to forecast for EPS of £-6.76 on revenue of £1,103M.

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

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