Investing.com - Metso Outotec reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Metso Outotec announced earnings per share of €0.11 on revenue of €1.16B. Analysts polled by Investing.com anticipated EPS of €0.1163 on revenue of €1.14B.
Metso Outotec shares are down 6% from the beginning of the year and are trading at €8.772 , down-from-52-week-high.They are outperforming the OMX Helsinki 25 which is down 9.51% year to date.
Metso Outotec shares gained 11.94% in intra-day trade the report.
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