Investing.com - YIT reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
YIT announced earnings per share of €0.04 on revenue of €588M. Analysts polled by Investing.com anticipated EPS of €-0.0026 on revenue of €553.58M.
YIT shares are down 20% from the beginning of the year and are trading at €5.10 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 19.17% from the start of the year.
YIT follows other major Capital Goods sector earnings this month
YIT's report follows an earnings missed by KONE Oyj on Thursday, who reported EPS of €0.5 on revenue of €2.61B, compared to forecasts EPS of €0.5025 on revenue of €2.61B.
Wartsila had missed expectations on Sunday, October 24, 2021 with third quarter EPS of €0.08 on revenue of €1.1B, compared to forecast for EPS of €0.093 on revenue of €1.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar