Simon Thompson 

TClarke’s bumper earnings upgrades

Simon Thompson

Simon Thompson

To put the scale of the earnings upgrade of nationwide building services contractor T Clarke (CTO:112p) into context, the company’s earnings beat for the 2018 financial year outperformed house broker N+1 Singer’s original earnings per share (EPS) estimate by almost a third. Full-year underlying pre-tax profits and EPS increased by almost a quarter to £8m and 15.4p, respectively, on annual revenues up 5 per cent to £326m.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now