Investing.com - Spectris reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Spectris announced earnings per share of £1.55 on revenue of £601.8M. Analysts polled by Investing.com anticipated EPS of £48.57 on revenue of £592.53M.
Spectris shares are up 26% from the beginning of the year, still down 1.06% from its 52 week high of £3,583.00 set on July 29. They are outperforming the TR UK 50 which is up 8.06% from the start of the year.
Spectris follows other major Information Technology sector earnings this month
Spectris's report follows an earnings beat by Samsung Electronics Co Ltd DRC Pref on Wednesday, who reported EPS of £30.33 on revenue of £55.54B, compared to forecasts EPS of £28.63 on revenue of £55.55B.
Ideagen had missed expectations on July 22 with second quarter EPS of £-0 on revenue of £36.48M, compared to forecast for EPS of £3.30 on revenue of £36.90M.
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