Investing.com - Segro reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Segro announced earnings per share of £1.1 on revenue of £330.0M. Analysts polled by Investing.com anticipated EPS of £16.00 on revenue of £247.01M.
Segro shares are down 18% from the beginning of the year, still down 28.98% from its 52 week high of £1,508.00 set on January 4. They are under-performing the STOXX 600 which is down 10.73% from the start of the year.
Segro follows other major Real Estate sector earnings this month
Segro's report follows an earnings missed by Hammerson on Thursday, who reported EPS of £0.01 on revenue of £43.90M, compared to forecasts EPS of £0.65 on revenue of £107.08M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar