YIT Earnings miss, Revenue beats In Q2

Investing.com - YIT reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
YIT announced earnings per share of €-0.04 on revenue of €700.0M. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €669.17M.
YIT shares are down 13.93% from the beginning of the year and are trading at €5.13 , 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 Capital Goods sector earnings this month
YIT's report follows an earnings beat by KONE Oyj on Thursday, July 16, 2020, who reported EPS of €0.47 on revenue of €2.53B, compared to forecasts EPS of €0.38 on revenue of €2.32B.
Valmet had beat expectations on Thursday, July 23, 2020 with second quarter EPS of €0.29 on revenue of €919M, compared to forecast for EPS of €0.19 on revenue of €838.81M.
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