Investing.com - FirstGroup reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
FirstGroup announced earnings per share of £-0.03 on revenue of £2.14B. Analysts polled by Investing.com anticipated EPS of £-2.44 on revenue of £2,144M.
FirstGroup shares are up 29.59% from the beginning of the year, still down 13.37% from its 52 week high of £110.70 set on December 7. They are outperforming the EUR/USD which is down 0% from the start of the year.
FirstGroup follows other major Industrials sector earnings this month
FirstGroup's report follows an earnings missed by Larsen&Toubro on November 26, who reported EPS of £0.1715 on revenue of £4.63B, compared to forecasts EPS of £0.1765 on revenue of £4.75B.
Ashtead Group had beat expectations on Tuesday with second quarter EPS of £0.91 on revenue of £2.03B, compared to forecast for EPS of £0.6184 on revenue of £1.43B.
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