Marks & Spencer earnings miss, Revenue beats in Q2

  • Investing.com
Marks & Spencer earnings miss, Revenue beats in Q2
Credit: © Reuters.

Investing.com - Marks & Spencer reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Marks & Spencer announced earnings per share of £-0.03 on revenue of £4.08B. Analysts polled by Investing.com anticipated EPS of £7.05 on revenue of £2.16B.

Marks & Spencer shares are down 54% from the beginning of the year and are trading at £96.50 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.63% year to date.

Marks & Spencer follows other major Consumer/Non-Cyclical sector earnings this month

Marks & Spencer's report follows an earnings missed by A.G Barr on Tuesday, September 22, 2020, who reported EPS of £0.02 on revenue of £113.2M, compared to forecasts EPS of £8.89 on revenue of £123.40M.

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

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