Investing.com - Derwent reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Derwent announced earnings per share of £1.18 on revenue of £119.8M. Analysts polled by Investing.com anticipated EPS of £52.84 on revenue of £113.89M.
Derwent shares are down 10% from the beginning of the year and are trading at £3,060.0 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is down 10.01% from the start of the year.
Derwent follows other major Real Estate sector earnings this month
Derwent's report follows an earnings missed by Segro on Friday, February 18, 2022, who reported EPS of £2.28 on revenue of £300.0M, compared to forecasts EPS of £14.70 on revenue of £226.78M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar