Investing.com - Bodycote reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bodycote announced earnings per share of £0.15 on revenue of £302.9M. Analysts polled by Investing.com anticipated EPS of £18.40 on revenue of £299.00M.
Bodycote shares are down 22.01% from the beginning of the year, still down 32.97% from its 52 week high of £1,007.00 set on September 6, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Bodycote follows other major Industrials sector earnings this month
Bodycote's report follows an earnings missed by BAE Systems on February 24, who reported EPS of £0.24 on revenue of £10.18B, compared to forecasts EPS of £22.01 on revenue of £11,338M.
Bunzl had beat expectations on February 28 with fourth quarter EPS of £0.69 on revenue of £5.42B, compared to forecast for EPS of £0.30 on revenue of £5,137M.
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