Investing.com - Wolters Kluwer reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Wolters Kluwer announced earnings per share of €2.78 on revenue of €4.77B. Analysts polled by Investing.com anticipated EPS of €3.13 on revenue of €2,297M.
Wolters Kluwer shares are down 11% from the beginning of the year, still down 15.72% from its 52 week high of €105.25 set on December 8, 2021. They are under-performing the IBEX 35 which is down 3.14% from the start of the year.
Wolters Kluwer follows other major Industrials sector earnings this month
Wolters Kluwer's report follows an earnings beat by Randstad on February 15, who reported EPS of €1.39 on revenue of €6.75B, compared to forecasts EPS of €1.11 on revenue of €6.51B.
Signify had missed expectations on January 28 with fourth quarter EPS of €1.52 on revenue of €2.01B, compared to forecast for EPS of €1.53 on revenue of €2.01B.
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