Investing.com - Nokian Renkaat reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nokian Renkaat announced earnings per share of €0.50 on revenue of €443.5M. Analysts polled by Investing.com anticipated EPS of €0.3965 on revenue of €383.13M.
Nokian Renkaat shares are up 15% from the beginning of the year, still down 9.16% from its 52 week high of €36.70 set on August 3. They are under-performing the STOXX 600 which is up 20.17% from the start of the year.
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