Investing.com - Akzo Nobel (OTC:AKZOY) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Akzo Nobel announced earnings per share of €0.93 on revenue of €2.41B. Analysts polled by Investing.com anticipated EPS of €0.981 on revenue of €2.51B.
Akzo Nobel shares are up 18% from the beginning of the year, still down 13.20% from its 52 week high of €108.45 set on July 15. They are under-performing the OMX Helsinki 25 which is up 19.02% from the start of the year.
Akzo Nobel shares lost 1.63% in intra-day trade following the report.
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