Investing.com - Morrison Supermarkets reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Morrison Supermarkets announced earnings per share of £0.01 on revenue of £8.86B. Analysts polled by Investing.com anticipated EPS of £10.95 on revenue of £8,962M.
Morrison Supermarkets shares are up 1% from the beginning of the year and are trading at £175.25 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 6.3% from the start of the year.
Morrison Supermarkets follows other major Services sector earnings this month
Morrison Supermarkets'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.
Flutter Entertainment had missed expectations on Tuesday, March 2, 2021 with first quarter EPS of £0.12 on revenue of £2.88B, compared to forecast for EPS of £153.41 on revenue of £2,321M.
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