British Land Company reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
British Land Company announced earnings per share of £-0.67 on revenue of £285.0M. Analysts polled by anticipated EPS of £17.48 on revenue of £212.74M. That with comparison to EPS of £-0.25 on revenue of £405.0M in the same period a year before.
British Land Company shares are down 36% from the beginning of the year , still down 37.17% from its 52 week high of £649.40 set on October 22, 2019. They are under-performing the STOXX 600 which is down 16.09% year to date.
British Land Company follows other major Services sector earnings this month
British Land Company's report follows an earnings missed by Compass on May 19, who reported EPS of £0.36 on revenue of £12.48B, compared to forecasts EPS of £44.55 on revenue of £12,977M.
Burberry Group had missed expectations on May 22 with fourth quarter EPS of £-0.07 on revenue of £1.35B, compared to forecast for EPS of £0.46 on revenue of £1,537M.
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