Investing.com - Smiths Group (LON:SMIN) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Smiths Group announced earnings per share of £0.13 on revenue of £1.31B. Analysts polled by Investing.com anticipated EPS of £27.88 on revenue of £1,290M.
Smiths Group shares are down 21% from the beginning of the year and are trading at £1,324.50 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 14.42% year to date.
Smiths Group follows other major Capital Goods sector earnings this month
Smiths Group's report follows an earnings missed by Barratt Developments on Wednesday, September 2, 2020, who reported EPS of £0.06 on revenue of £1.15B, compared to forecasts EPS of £0.17 on revenue of £2,737M.
Rolls-Royce Holdings had beat expectations on Thursday, August 27, 2020 with second quarter EPS of £-2.8 on revenue of £5.82B, compared to forecast for EPS of £-5.27 on revenue of £5,672M.
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