Investing.com - Qinetiq reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Qinetiq announced earnings per share of £0.09 on revenue of £675.0M. Analysts polled by Investing.com anticipated EPS of £11.63 on revenue of £661.67M.
Qinetiq shares are up 2.06% from the beginning of the year and are trading at £326.40 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Qinetiq follows other major Capital Goods sector earnings this month
Qinetiq's report follows an earnings missed by Berkeley on Wednesday, June 17, 2020, who reported EPS of £1.33 on revenue of £989.5M, compared to forecasts EPS of £18.34 on revenue of £912.27M.
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