YIT Earnings beat, Revenue misses In Q1

  • Investing.com
YIT Earnings beat, Revenue misses In Q1
Credit: © Reuters.

Investing.com - YIT reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

YIT announced earnings per share of €0.00 on revenue of €471M. Analysts polled by Investing.com anticipated EPS of €-0.0087 on revenue of €484.98M.

YIT shares are down 10.76% from the beginning of the year and are trading at €3.85 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.

YIT follows other major Industrials sector earnings this month

YIT's report follows an earnings missed by KONE Oyj on Wednesday, who reported EPS of €0.25 on revenue of €2.44B, compared to forecasts EPS of €0.3473 on revenue of €2.48B.

Metso Outotec had missed expectations on Thursday, April 21, 2022 with first quarter EPS of €0.11 on revenue of €1.16B, compared to forecast for EPS of €0.1144 on revenue of €1.14B.

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

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