Investing.com – The London Stock Exchange said on Friday second quarter it missed analysts’ forecasts and lower than expected earnings.
The London Stock Exchange reported earnings per share of £ 0.64 on turnover of £ 1.24bn. Analysts polled by Investing.com were forecasting EPS of £ 118.60 on revenue of £ 1,269million.
London Stock Exchange shares are up 9% from the start of the year, still down 2.01% from its 52-week high of £ 8,658.00 set on July 31. They outperform the TR UK 50 which is down 21% since the start of the year.
The London Stock Exchange tracks other major financial sector earnings this month
The London Stock Exchange report follows earnings tied by Lloyds Banking on Thursday, which reported EPS of £ -0.01 on revenue of £ 3.46bn, against EPS forecast of -0 £ .01 on income of £ 3.68bn.
Barclays had lived up to expectations on Wednesday with second quarter EPS of £ 0.01 on revenue of £ 5.34bn, compared to forecasting EPS of £ 0.01 on revenue of £ 5.25 billion.
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