Investing.com - ITM Power reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ITM Power announced earnings per share of £-0.05 on revenue of £1.47M. Analysts polled by Investing.com EPS of £-3.50 on revenue of £18.78M.
ITM Power 's are down 45.84% and is trading at £115.25 , still down 78.15% from its 52 week high of £527.50 set on Wednesday, November 10, 2021.
ITM Power follows other major Industrials sector earnings this month
ITM Power's report follows an earnings missed by Bunzl on Tuesday, August 30, 2022, who reported EPS of £0.66 on revenue of £5.65B, EPS of £70.72 on revenue of £5,091M.
Melrose Industries had missed expectations on Thursday, September 8, 2022 with second quarter EPS of £-0.06 on revenue of £3.59B, for EPS of £2.28 on revenue of £3,496M.
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