Investing.com - Spectris reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Spectris announced earnings per share of £0.26 on revenue of £570.2M. Analysts polled by Investing.com anticipated EPS of £62.85 on revenue of £627.69M.
Spectris shares are down 19% from the beginning of the year, still down 29.59% from its 52 week high of £4,167.00 set on September 27, 2021. They are under-performing the STOXX 600 which is down 10.32% from the start of the year.
Spectris follows other major Information Technology sector earnings this month
Spectris's report follows an earnings missed by Samsung Electronics Co Ltd DRC Pref on Thursday, who reported EPS of £31.03 on revenue of £59.4B, compared to forecasts EPS of £31.04 on revenue of £59.42B.
Redcentric had missed expectations on July 21 with second quarter EPS of £0.03 on revenue of £49.01M, compared to forecast for EPS of £3.50 on revenue of £50.60M.
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