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Travis Perkins reported a quarterly EPS of GBX 36.60 despite a negative net margin, and its stock rose to GBX 511.
Travis Perkins, a UK building materials distributor, reported a quarterly EPS of GBX 36.60 ($0.48) with a negative net margin.
The company's stock rose to GBX 511 ($6.64) on Thursday.
With a market cap of £1.08 billion, JPMorgan Chase & Co. lowered its target price to GBX 910 ($11.82) but maintained an "overweight" rating.
Travis Perkins operates through Merchanting and Toolstation segments, offering tools, building supplies, and other services.
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Travis Perkins reportó un EPS trimestral de GBX 36,60 a pesar de un margen neto negativo, y su stock subió a GBX 511.