TP ICAP earnings miss, Revenue Inline in Q2

  • Investing.com
TP ICAP earnings miss, Revenue Inline in Q2

Investing.com - TP ICAP (LON: NXGN ) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.

TP ICAP announced earnings per share of £0.1 on revenue of £990.0M. Analysts polled by Investing.com anticipated EPS of £22.20 on revenue of £990.00M.

TP ICAP shares are down 34.33% from the beginning of the year and are trading at £310.00 , down-from-52-week-high.They are under-performing the S&P/ASX 200 which is down 10.16% year to date.

TP ICAP follows other major Financial sector earnings this month

TP ICAP's report follows an earnings missed by HSBC on Monday, who reported EPS of £0.01 on revenue of £10.09B, compared to forecasts EPS of £0.07 on revenue of £10.64B.

London Stock Exchange had missed expectations on Friday, July 31, 2020 with second quarter EPS of £0.64 on revenue of £620M, compared to forecast for EPS of £118.60 on revenue of £515M.

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

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