UPM-Kymmene Earnings, Revenue beat In Q3

  • Investing.com
UPM-Kymmene Earnings, Revenue beat In Q3
Credit: © Reuters.

Investing.com - UPM-Kymmene reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

UPM-Kymmene announced earnings per share of €1.15 on revenue of €3.42. Analysts polled by Investing.com anticipated EPS of €0.80 on revenue of €3.17B.

UPM-Kymmene shares are down 26% from the beginning of the year and are trading at €35.20 , down-from-52-week-high.

UPM-Kymmene follows other major Materials sector earnings this month

UPM-Kymmene's report follows an earnings beat by Stora Enso Oyj A on Friday, who reported EPS of €0.47 on revenue of €2.96B, compared to forecasts EPS of €0.413 on revenue of €2.89B.

Huhtamaki Oyj had beat expectations on Friday with third quarter EPS of €0.89 on revenue of €1.18B, compared to forecast for EPS of €0.6069 on revenue of €1.11B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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