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.

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