Investing.com - Bellway reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bellway announced earnings per share of £1.85 on revenue of £1.72B. Analysts polled by Investing.com anticipated EPS of £120.00 on revenue of £1,244M.
Bellway shares are up 15% from the beginning of the year, still down 2.81% from its 52 week high of £3,518.00 set on March 23. They are outperforming the STOXX 600 which is up 5.64% from the start of the year.
Bellway follows other major Capital Goods sector earnings this month
Bellway's report follows an earnings missed by BAE Systems on February 25, who reported EPS of £0.24 on revenue of £10.10B, compared to forecasts EPS of £25.70 on revenue of £11,005M.
Persimmon had missed expectations on March 3 with first quarter EPS of £1.25 on revenue of £2.14B, compared to forecast for EPS of £17.00 on revenue of £1,510M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar