Investing.com - Relx reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Relx announced earnings per share of £0.28 on revenue of £3.50B. Analysts polled by Investing.com anticipated EPS of £39.27 on revenue of £3,364M.
Relx shares are down 10% from the beginning of the year and are trading at £1,700.00 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 16.52% from the start of the year.
Relx follows other major Services sector earnings this month
Relx's report follows an earnings beat by Ocado on Tuesday, July 14, 2020, who reported EPS of £-0.08 on revenue of £1.09B, compared to forecasts EPS of £-6.76 on revenue of £1,103M.
JD Sports Fashion had missed expectations on Tuesday, July 7, 2020 with second quarter EPS of £0.16 on revenue of £3.39B, compared to forecast for EPS of £21.05 on revenue of £3,147M.
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