Investing.com - Redrow reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Redrow announced earnings per share of £0.96 on revenue of £2.14B. Analysts polled by Investing.com anticipated EPS of £0.17 on revenue of £1,038M.
Redrow shares are down 31.36% from the beginning of the year and are trading at £481.00 , down-from-52-week-high.
Redrow shares gained 1.01% in intra-day trade after the report.
Redrow follows other major Consumer Discretionary sector earnings this month
Redrow's report follows an earnings missed by Persimmon on Wednesday, August 17, 2022, who reported EPS of £0.1059 on revenue of £1.68B, compared to forecasts EPS of £15.00 on revenue of £1,801M.
Berkeley had missed expectations on Monday, December 6, 2021 with second quarter EPS of £1.46 on revenue of £895.9M, compared to forecast for EPS of £188.41 on revenue of £1,219M.
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