Investing.com - Land Securities reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Land Securities announced earnings per share of £-1.13 on revenue of £327.0M. Analysts polled by Investing.com anticipated EPS of £31.03 on revenue of £373.92M.
Land Securities shares are down 30% from the beginning of the year and are trading at £684.00 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 7.56% from the start of the year.
Land Securities follows other major Services sector earnings this month
Land Securities's report follows an earnings beat by Associated British Foods on Tuesday, November 3, 2020, who reported EPS of £0.3 on revenue of £3.95B, compared to forecasts EPS of £-13.15 on revenue of £3.95B.
Whitbread had missed expectations on Tuesday, October 27, 2020 with second quarter EPS of £-3.77 on revenue of £250.5M, compared to forecast for EPS of £127.84 on revenue of £1,079M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar