Investing.com - Whitbread (LON:WTB) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Whitbread announced earnings per share of £0.27 on revenue of £984.1M. Analysts polled by Investing.com anticipated EPS of £76.67 on revenue of £982.55M. That with comparison to EPS of £0.04 on revenue of £968.2M in the same period a year before.
Whitbread shares are down 49% from the beginning of the year , still down 52.62% from its 52 week high of £5,194.00 set on December 16, 2019. They are under-performing the STOXX 600 which is down 18.29% year to date.
Whitbread follows other major Services sector earnings this month
Whitbread's report follows an earnings missed by Compass on Tuesday, who reported EPS of £0.36 on revenue of £12.48B, compared to forecasts EPS of £44.55 on revenue of £12,977M.
Land Securities had missed expectations on May 12 with fourth quarter EPS of £-0.93 on revenue of £372.0M, compared to forecast for EPS of £29.78 on revenue of £371.31M.
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