Investing.com - Vesuvius reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vesuvius announced earnings per share of £0.08 on revenue of £720.0M. Analysts polled by Investing.com anticipated EPS of £15.60 on revenue of £729.57M.
Vesuvius shares are down 10% from the beginning of the year and are trading at £431.20 , down-from-52-week-high.They are outperforming the TR UK 50 which is down 19.6% from the start of the year.
Vesuvius follows other major Capital Goods sector earnings this month
Vesuvius's report follows an earnings missed by BAE Systems on Thursday, who reported EPS of £0.17 on revenue of £9.18B, compared to forecasts EPS of £18.31 on revenue of £9,380M.
Taylor Wimpey had missed expectations on Wednesday with second quarter EPS of £-0.01 on revenue of £754.6M, compared to forecast for EPS of £3.02 on revenue of £1,165M.
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