Investing.com - Rolls-Royce (OTC:RYCEY) Holdings reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Rolls-Royce Holdings announced earnings per share of £-2.8 on revenue of £5.82B. Analysts polled by Investing.com anticipated EPS of £-5.27 on revenue of £5,672M.
Rolls-Royce Holdings shares are down 37% from the beginning of the year, still down 70.88% from its 52 week high of £858.60 set on September 11, 2019. They are under-performing the STOXX 600 which is down 10.85% 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 July 30, who reported EPS of £0.17 on revenue of £9.18B, compared to forecasts EPS of £18.31 on revenue of £283.00M.
Persimmon had missed expectations on August 18 with second quarter EPS of £0.74 on revenue of £1.19B, compared to forecast for EPS of £74.00 on revenue of £1,206M.
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