Investing.com - Persimmon (LON:PSN) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Persimmon announced earnings per share of £1.25 on revenue of £2.14B. Analysts polled by Investing.com anticipated EPS of £17.00 on revenue of £1,510M.
Persimmon shares are up 19.66% from the beginning of the year, still down 4.11% from its 52 week high of £3,019.00 set on March 4, 2020. They are outperforming the TR UK 50 which is up 1.95% from the start of the year.
Persimmon follows other major Capital Goods sector earnings this month
Persimmon's report follows an earnings missed by BAE Systems on February 25, who reported EPS of £0.24 on revenue of £10.10B, compared to forecasts EPS of £25.70 on revenue of £11,005M.
Barratt Developments had missed expectations on February 4 with second quarter EPS of £0.34 on revenue of £2.49B, compared to forecast for EPS of £15.00 on revenue of £15.00M.
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