Investing.com - Renishaw reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Renishaw announced earnings per share of £0.72 on revenue of £255.1M. Analysts polled by Investing.com anticipated EPS of £38.33 on revenue of £256.23M.
Renishaw shares are up 2% from the beginning of the year, still down 4.63% from its 52 week high of £6,375.00 set on January 21. They are under-performing the STOXX 600 which is up 2.63% from the start of the year.
Renishaw follows other major Technology sector earnings this month
Renishaw's report follows an earnings beat by BT Group on Thursday, who reported EPS of £0.0405 on revenue of £5.48B, compared to forecasts EPS of £0.039 on revenue of £5.43B.
Blue Prism had beat expectations on January 14 with fourth quarter EPS of £-0.43 on revenue of £72.90M, compared to forecast for EPS of £-29.66 on revenue of £75.85M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar