Investing.com - Gamesa reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gamesa announced earnings per share of €-0.22 on revenue of €10.20B. Analysts polled by Investing.com anticipated EPS of €-0.2396 on revenue of €2.87B.
Gamesa shares are down 31% from the beginning of the year and are trading at €22.600 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 20.72% year to date.
Gamesa shares lost 100.00% in pre-market trade the report.
Gamesa follows other major Industrials sector earnings this month
Gamesa's report follows an earnings beat by Aena on Thursday, October 28, 2021, who reported EPS of €1.48 on revenue of €897.9M, compared to forecasts EPS of €0.0092 on revenue of €871.9M.
Ferrovial had matched expectations on Thursday, October 28, 2021 with third quarter EPS of €-0.06 on revenue of €1.84B, compared to forecast for EPS of €-0.06 on revenue of €1.64B.
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