Tuesday preview: Market braces for batch of full year earnings results
LONDON (ShareCast) – (ShareCast News) – The market is bracing for a busy day of full year earnings releases from a slate of FTSE 350 companies on Tuesday. GKN (Other OTC: GKNCF – news) is expected to report a drop in earnings per share to 26.4p in 2015 from 29.0p the previous year as weakness in its Aerospace and Land Systems businesses offsets growth in Automotive.
Aerospace faces the challenge of getting the production of Airbus’s latest A350 jet up to speed, introducin
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