Investing.com - Halma reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Halma announced earnings per share of £0.2 on revenue of £618.4M. Analysts polled by Investing.com anticipated EPS of £26.10 on revenue of £645.14M.
Halma shares are down 60% from the beginning of the year, still down 7.13% from its 52 week high of £2,609.00 set on November 9. They are under-performing the STOXX 600 which is down 6.79% from the start of the year.
Halma follows other major Technology sector earnings this month
Halma's report follows an earnings beat by BT Group on October 29, who reported EPS of £0.0433 on revenue of £5.36B, compared to forecasts EPS of £0.04 on revenue of £5.43B.
Aveva had missed expectations on November 5 with second quarter EPS of £-0.13 on revenue of £332.6M, compared to forecast for EPS of £36.03 on revenue of £371.07M.
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