trending Market Intelligence /marketintelligence/en/news-insights/trending/fIIIrFswxeE5o-I5hDR55w2 content esgSubNav
In This List

Redrow profit misses consensus by 19.7% in fiscal H1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Redrow profit misses consensus by 19.7% in fiscal H1

Redrow PLC said its normalized net income for the fiscal first half ended Dec. 31, 2014, came to 16 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 20 pence per share.

EPS rose 92.5% year over year from 8 pence.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £57.0 million, a gain of 92.0% from £29.7 million in the year-earlier period.

Total revenue increased 54.4% on an annual basis to £560.6 million from £363.0 million, and total operating expenses increased 48.2% on an annual basis to £465.2 million from £314.0 million.

Reported net income rose year over year to £72.4 million, or 20 pence per share, from £35.4 million, or 10 pence per share.