Investing.com - Rightmove (OTC:RTMVY) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Rightmove announced earnings per share of £0.06 on revenue of £94.82M. Analysts polled by Investing.com anticipated EPS of £5.98 on revenue of £94.30M.
Rightmove shares are down 0% from the beginning of the year, still down 11.26% from its 52 week high of £710.60 set on February 12. They are outperforming the STOXX 600 which is down 12.58% from the start of the year.
Rightmove follows other major Technology sector earnings this month
Rightmove's report follows an earnings missed by BT Group on July 31, 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 July 14 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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