Investing.com - Barratt Developments (LON:BDEV) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Barratt Developments announced earnings per share of £0.34 on revenue of £2.25B. Analysts polled by Investing.com anticipated EPS of £25.00 on revenue of £2,472M.
Barratt Developments shares are down 15% from the beginning of the year and are trading at £633.40 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 3.51% from the start of the year.
Barratt Developments follows other major Consumer Discretionary sector earnings this month
Barratt Developments's report follows an earnings missed by Hyundai Motor DRC on Tuesday, January 25, 2022, who reported EPS of £0.5837 on revenue of £25.88B, compared to forecasts EPS of £0.6623 on revenue of £25.45B.
Berkeley had missed expectations on Monday, December 6, 2021 with second quarter EPS of £1.46 on revenue of £895.9M, compared to forecast for EPS of £188.41 on revenue of £1,219M.
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