Investing.com - Rotork reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Rotork announced earnings per share of £0.11 on revenue of £604.5M. Analysts polled by Investing.com anticipated EPS of £6.25 on revenue of £317.58M.
Rotork shares are down 2% from the beginning of the year, still down 0.53% from its 52 week high of £375.00 set on March 2. They are under-performing the STOXX 600 which is up 3.56% from the start of the year.
Rotork follows other major Capital Goods sector earnings this month
Rotork'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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