YIT Earnings, Revenue miss In Q3

  • Investing.com
YIT Earnings, Revenue miss In Q3

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

YIT announced earnings per share of €-0.12 on revenue of €687.0M. Analysts polled by Investing.com anticipated EPS of €0.06 on revenue of €771.74M.

YIT shares are down 71% from the beginning of the year and are trading at €4.53 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 17.67% 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, October 22, 2020, who reported EPS of €0.5 on revenue of €2.59B, compared to forecasts EPS of €0.49 on revenue of €2.56B.

Metso Outotec had missed expectations on Tuesday with third quarter EPS of €0.03 on revenue of €985M, compared to forecast for EPS of €0.09 on revenue of €1.05B.

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

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100