KONE Oyj earnings, Revenue miss in Q2

  • Investing.com
KONE Oyj earnings, Revenue miss in Q2

Investing.com - KONE Oyj reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

KONE Oyj announced earnings per share of €0.26 on revenue of €2.56B. Analysts polled by Investing.com anticipated EPS of €0.4343 on revenue of €2.83B.

KONE Oyj shares are down 27% from the beginning of the year and are trading at €45.50 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 13.38% year to date.

KONE Oyj follows other major Industrials sector earnings this month

KONE Oyj's report follows an earnings missed by Finnair Oyj on Tuesday, who reported EPS of €-0.15 on revenue of €550M, compared to forecasts EPS of €-0.0615 on revenue of €529.14M.

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

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