Investing.com - Rotork reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Rotork announced earnings per share of £0.05 on revenue of £280.9M. Analysts polled by Investing.com anticipated EPS of £6.02 on revenue of £296.54M.
Rotork shares are down 13% from the beginning of the year and are trading at £309.00 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 9.32% from the start of the year.
Rotork follows other major Industrials sector earnings this month
Rotork's report follows an earnings missed by BAE Systems on Thursday, February 24, 2022, who reported EPS of £0.24 on revenue of £10.18B, compared to forecasts EPS of £22.01 on revenue of £11,338M.
Bunzl had beat expectations on Monday with fourth quarter EPS of £0.69 on revenue of £5.42B, compared to forecast for EPS of £0.30 on revenue of £5,137M.
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