Investing.com - Intertek reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Intertek announced earnings per share of £0.81 on revenue of £1.33B. Analysts polled by Investing.com anticipated EPS of £55.07 on revenue of £1,323M.
Intertek shares are up 9% from the beginning of the year and are trading at £5,378.0 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 21% from the start of the year.
Intertek follows other major Services sector earnings this month
Intertek's report follows an earnings missed by Relx on Thursday, July 23, 2020, who reported EPS of £0.28 on revenue of £3.50B, compared to forecasts EPS of £39.27 on revenue of £3,364M.
Ocado had beat expectations on Tuesday, July 14, 2020 with second quarter EPS of £-0.08 on revenue of £1.09B, compared to forecast for EPS of £-6.76 on revenue of £1,103M.
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