Investing.com - Spectris reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Spectris announced earnings per share of £-0.57 on revenue of £599.0M. Analysts polled by Investing.com anticipated EPS of £32.15 on revenue of £632.83M.
Spectris shares are down 14.98% from the beginning of the year and are trading at £2,514.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.61% from the start of the year.
Spectris follows other major Technology sector earnings this month
Spectris's report follows an earnings missed by BT Group on Friday, who reported EPS of £0.03 on revenue of £5.25B, compared to forecasts EPS of £0.04 on revenue of £5.24B.
Halma had missed expectations on Tuesday, July 14, 2020 with second quarter EPS of £0.26 on revenue of £684.7M, compared to forecast for EPS of £29.29 on revenue of £678.87M.
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