Investing.com - SKF A reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
SKF A announced earnings per share of kr2.4 on revenue of kr25.0. Analysts polled by Investing.com anticipated EPS of kr3.9 on revenue of kr23.52B.
SKF A shares are down 22.64% from the beginning of the year, still down 29.10% from its 52 week high of kr239.50 set on January 13.
SKF A follows other major Industrials sector earnings this month
SKF A's report follows an earnings beat by Atlas Copco B on October 19, who reported EPS of kr1.34 on revenue of kr38.07B, compared to forecasts EPS of kr1.18 on revenue of kr34.95B.
Volvo B had missed expectations on October 20 with third quarter EPS of kr4.24 on revenue of kr114.9B, compared to forecast for EPS of kr4.46 on revenue of kr106.19B.
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