Investing.com - Big Yellow reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Big Yellow announced earnings per share of £2.41 on revenue of £89.52M. Analysts polled by Investing.com anticipated EPS of £27.91 on revenue of £75.45M.
Big Yellow shares are down 24.66% from the beginning of the year, still down 26.93% from its 52 week high of £1,760.00 set on December 31, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Big Yellow follows other major Real Estate sector earnings this month
Big Yellow's report follows an earnings missed by Land Securities on May 17, who reported EPS of £0.8 on revenue of £364.0M, compared to forecasts EPS of £21.55 on revenue of £301.03M.
British Land Company had missed expectations on May 18 with fourth quarter EPS of £0.63 on revenue of £219.0M, compared to forecast for EPS of £12.95 on revenue of £154.05M.
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