Metso Outotec earnings miss, Revenue beats in Q1

  • Investing.com
Metso Outotec earnings miss, Revenue beats in Q1

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.

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

Related Articles