Investing.com - Terna reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.10 on revenue of €642.9M. Analysts polled by Investing.com anticipated EPS of €0.1 on revenue of €623M.
Terna shares are up 7% from the beginning of the year and are trading at €6.736 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 21.09% from the start of the year.
Terna shares gained 0.03% in intra-day trade after the report.
Terna follows other major Capital Goods sector earnings this month
Terna's report follows an earnings missed by Tenaris on Wednesday, November 3, 2021, who reported EPS of €0.1213 on revenue of €1.52B, compared to forecasts EPS of €0.1472 on revenue of €1.44B.
Leonardo had missed expectations on Wednesday, November 3, 2021 with third quarter EPS of €0.09 on revenue of €3.22B, compared to forecast for EPS of €0.2 on revenue of €3.26B.
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