Investing.com - Capita reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Capita announced earnings per share of £0 on revenue of £1.68B. Analysts polled by Investing.com anticipated EPS of £4.18 on revenue of £1,614M.
Capita shares are down 82% from the beginning of the year, still down 84.51% from its 52 week high of £185.25 set on December 16, 2019. They are under-performing the STOXX 600 which is down 11.7% from the start of the year.
Capita follows other major Technology sector earnings this month
Capita'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.
Mail.ru Group had missed expectations on July 23 with second quarter EPS of £-0.17 on revenue of £323.35M, compared to forecast for EPS of £-0.03 on revenue of £325.91M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar