Investing.com - Terna reported on Wednesday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.09 on revenue of €621.8M. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €601.47M.
Terna shares are down 1% from the beginning of the year, still down 7.97% from its 52 week high of €6.62 set on June 19, 2020. They are under-performing the STOXX 600 which is up 9.75% from the start of the year.
Terna follows other major Capital Goods sector earnings this month
Terna's report follows an earnings beat by Tenaris on April 28, who reported EPS of €0.0743 on revenue of €975.72M, compared to forecasts EPS of €0.0265 on revenue of €997.35M.
Leonardo had beat expectations on May 7 with first quarter EPS of €0.00 on revenue of €2.79B, compared to forecast for EPS of €-0.13 on revenue of €2.71B.
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