Investing.com - WPP (LON:WPP) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
WPP announced earnings per share of £0.4437 on revenue of £6.42B. Analysts polled by Investing.com anticipated EPS of £0.42 on revenue of £2.64B.
WPP shares are up 1% from the beginning of the year, still down 2.35% from its 52 week high of £936.20 set on March 11. They are under-performing the STOXX 600 which is up 6.3% from the start of the year.
WPP follows other major Services sector earnings this month
WPP's report follows an earnings missed by Relx on February 11, who reported EPS of £0.35 on revenue of £3.61B, compared to forecasts EPS of £34.29 on revenue of £3,652M.
Flutter Entertainment had missed expectations on March 2 with first quarter EPS of £0.12 on revenue of £2.88B, compared to forecast for EPS of £153.41 on revenue of £2,321M.
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