Investing.com - Great Portland Estates reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Great Portland Estates announced earnings per share of £0.41 on revenue of £42.00M. Analysts polled by Investing.com anticipated EPS of £7.36 on revenue of £40.97M.
Great Portland Estates shares are up 33.38% from the beginning of the year, still down 21.04% from its 52 week high of £810.50 set on September 6, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Great Portland Estates follows other major Real Estate sector earnings this month
Great Portland Estates's report follows an earnings missed by Land Securities on Tuesday, who reported EPS of £0.8 on revenue of £364.0M, compared to forecasts EPS of £21.55 on revenue of £301.03M.
British Land Company had missed expectations on Wednesday with fourth quarter EPS of £0.63 on revenue of £219.0M, compared to forecast for EPS of £12.95 on revenue of £154.05M.
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