Investing.com - Gamesa reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Gamesa announced earnings per share of €-0.2891 on revenue of €2.43B. Analysts polled by Investing.com anticipated EPS of €-0.1875 on revenue of €2.39B.
Gamesa shares are down 14% from the beginning of the year, still down 32.38% from its 52 week high of €26.50 set on August 25, 2021. They are under-performing the IBEX 35 which is down 6.51% from the start of the year.
Gamesa follows other major Industrials sector earnings this month
Gamesa's report follows an earnings beat by Ferrovial on July 28, who reported EPS of €0.15 on revenue of €1.89B, compared to forecasts EPS of €0.00 on revenue of €1.71B.
Aena had matched expectations on July 27 with second quarter EPS of €1.73 on revenue of €1.04B, compared to forecast for EPS of €1.73 on revenue of €1.04B.
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