Investing.com - G4S (CSE:G4S) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
G4S announced earnings per share of £0.11 on revenue of £3.53B. Analysts polled by Investing.com anticipated EPS of £4.10 on revenue of £19,115M.
G4S shares are down 32% from the beginning of the year , still down 34.34% from its 52 week high of £223.50 set on December 16, 2019. They are under-performing the STOXX 600 which is down 10.15% from the start of the year.
G4S follows other major Services sector earnings this month
G4S's report follows an earnings beat by Ocado on July 14, who reported EPS of £-0.08 on revenue of £1.09B, compared to forecasts EPS of £-6.76 on revenue of £1,103M.
JD Sports Fashion had missed expectations on July 7 with second quarter EPS of £0.16 on revenue of £3.39B, compared to forecast for EPS of £21.05 on revenue of £3,147M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar