Investing.com - Derwent reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Derwent announced earnings per share of £-0.61 on revenue of £149.3M. Analysts polled by Investing.com anticipated EPS of £52.38 on revenue of £125.25M.
Derwent shares are up 7% from the beginning of the year, still down 9.65% from its 52 week high of £3,670.00 set on April 14, 2020. They are outperforming the STOXX 600 which is up 6.3% from the start of the year.
Derwent follows other major Services sector earnings this month
Derwent's report follows an earnings missed by Relx on February 11, who reported EPS of £0.35 on revenue of £3.61B, compared to forecasts EPS of £34.29 on revenue of £3,652M.
Flutter Entertainment had missed expectations on March 2 with fourth quarter EPS of £0.12 on revenue of £2.88B, compared to forecast for EPS of £153.41 on revenue of £2,321M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar