Investing.com - Ashmore reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ashmore announced earnings per share of £0.16 on revenue of £146.9M. Analysts polled by Investing.com anticipated EPS of £12.34 on revenue of £141.59M.
Ashmore shares are down 12% from the beginning of the year and are trading at £378.80 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 18.27% from the start of the year.
Ashmore follows other major Financial sector earnings this month
Ashmore's report follows an earnings matched by London Stock Exchange on Friday, August 6, 2021, who reported EPS of £1.37 on revenue of £1.68B, compared to forecasts EPS of £1.37 on revenue of £1.68B.
TCS Group Holding PLC had beat expectations on Friday, August 27, 2021 with second quarter EPS of £80.84 on revenue of £49.22B, compared to forecast for EPS of £74.36 on revenue of £46.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar