Investing.com - YIT reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
YIT announced earnings per share of €0.19 on revenue of €975.0M. Analysts polled by Investing.com anticipated EPS of €0.1987 on revenue of €989.5M.
YIT shares are up 5% from the beginning of the year and are trading at €4.71 , down-from-52-week-high.They are broadly in line with the OMX Helsinki 25 which is up 5.08% from the start of the year.
YIT shares lost 100.00% in pre-market trade the report.
YIT follows other major Capital Goods sector earnings this month
YIT's report follows an earnings missed by KONE Oyj on Thursday, January 28, 2021, who reported EPS of €0.55 on revenue of €2.62B, compared to forecasts EPS of €0.5687 on revenue of €2.69B.
Neles Oyj had beat expectations on Thursday with fourth quarter EPS of €0.09 on revenue of €155.0M, compared to forecast for EPS of €0.0755 on revenue of €147.43M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar