Investing.com - Rolls-Royce (OTC:RYCEY) Holdings reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Rolls-Royce Holdings announced earnings per share of £0.35 on revenue of £6.00B. Analysts polled by Investing.com anticipated EPS of £58.97 on revenue of £5,420M.
Rolls-Royce Holdings shares are up 1% from the beginning of the year, still down 33.52% from its 52 week high of £171.17 set on March 13, 2020. They are under-performing the STOXX 600 which is up 6.3% from the start of the year.
Rolls-Royce Holdings follows other major Capital Goods sector earnings this month
Rolls-Royce Holdings'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.
Persimmon had missed expectations on March 3 with fourth quarter EPS of £1.25 on revenue of £2.14B, compared to forecast for EPS of £17.00 on revenue of £1,510M.
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