Investing.com - Fortum reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fortum announced earnings per share of €-0.53 on revenue of €17.13B. Analysts polled by Investing.com anticipated EPS of €0.1329 on revenue of €13.39B.
Fortum shares are up 23% from the beginning of the year, still down 1.58% from its 52 week high of €24.69 set on August 10. They are outperforming the STOXX 600 which is up 18.6% from the start of the year.
Fortum shares gained 0.16% in intra-day trade following the report.
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