Investing.com - Intertek reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Intertek announced earnings per share of £0.94 on revenue of £489M. Analysts polled by Investing.com anticipated EPS of £83.44 on revenue of £492.6M.
Intertek shares are down 2% from the beginning of the year and are trading at £5,386.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 3.56% 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, February 11, 2021, who reported EPS of £0.35 on revenue of £3.61B, compared to forecasts EPS of £34.29 on revenue of £3,652M.
Ashtead Group had beat expectations on Tuesday with third quarter EPS of £0.382 on revenue of £1.08B, compared to forecast for EPS of £0.351 on revenue of £1.19B.
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