Great Portland Estates reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Great Portland Estates announced earnings per share of £0.03 on revenue of £48.00M. Analysts polled by anticipated EPS of £12.01 on revenue of £49.05M. That with comparison to EPS of £0.05 on revenue of £61.60M in the same period a year before.
Great Portland Estates shares are down 26% from the beginning of the year , still down 35.09% from its 52 week high of £971.80 set on February 19. They are under-performing the STOXX 600 which is down 17.69% year to date.
Great Portland Estates follows other major Services sector earnings this month
Great Portland Estates'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.
boohoo had missed expectations on April 22 with fourth quarter EPS of £0.03 on revenue of £187.8M, compared to forecast for EPS of £1.89 on revenue of £187.8M.
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