Investing.com - Terna reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.2 on revenue of €1.33B. Analysts polled by Investing.com anticipated EPS of €0.11 on revenue of €591.19M.
Terna shares are up 15% from the beginning of the year and are trading at €6.326 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 5.64% from the start of the year.
Terna shares lost 0.03% in intra-day trade following the report.
Terna follows other major Capital Goods sector earnings this month
Terna's report follows an earnings beat by Tenaris on Wednesday, February 24, 2021, who reported EPS of €0.0736 on revenue of €925.23M, compared to forecasts EPS of €-0.0007 on revenue of €872.1M.
Leonardo had missed expectations on Wednesday, March 10, 2021 with first quarter EPS of €0.183 on revenue of €4.39B, compared to forecast for EPS of €0.4423 on revenue of €4.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar