Pennon earnings, Revenue miss in Q1

  • Investing.com
Pennon earnings, Revenue miss in Q1

Investing.com - Pennon reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Pennon announced earnings per share of £0.17 on revenue of £677.5M. Analysts polled by Investing.com anticipated EPS of £27.06 on revenue of £692.08M. That with comparison to EPS of £0.25 on revenue of £731.5M in the same period a year before.

Pennon shares are up 10% from the beginning of the year and are trading at £1,134.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 12.07% year to date.

Pennon follows other major Services sector earnings this month

Pennon's report follows an earnings missed by Compass on Tuesday, May 19, 2020, who reported EPS of £0.36 on revenue of £12.48B, compared to forecasts EPS of £44.55 on revenue of £12,977M.

Burberry Group had missed expectations on Friday, May 22, 2020 with fourth quarter EPS of £-0.07 on revenue of £1.35B, compared to forecast for EPS of £0.46 on revenue of £1,537M.

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

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