Investing.com - Kingfisher (LON:KGF) reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Kingfisher announced earnings per share of £0.13 on revenue of £6.42B. Analysts polled by Investing.com anticipated EPS of £6.97 on revenue of £2.7B.
Kingfisher shares are up 19% from the beginning of the year and are trading at £324.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 6.3% from the start of the year.
Kingfisher follows other major Services sector earnings this month
Kingfisher's report follows an earnings missed by Flutter Entertainment on Tuesday, March 2, 2021, who reported EPS of £0.12 on revenue of £2.88B, compared to forecasts EPS of £153.41 on revenue of £2,321M.
Ashtead Group had beat expectations on Tuesday, March 2, 2021 with third quarter EPS of £0.382 on revenue of £1.08B, compared to forecast for EPS of £0.3558 on revenue of £1.22B.
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