Investing.com - Terna reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.10 on revenue of €642.9M. Analysts polled by Investing.com anticipated EPS of €0.1 on revenue of €623M.
Terna shares are up 7% from the beginning of the year, still down 6.70% from its 52 week high of €7.22 set on August 20. They are under-performing the STOXX 600 which is up 21.09% from the start of the year.
Terna shares gained 0.03% in intra-day trade following the report.
Terna follows other major Capital Goods sector earnings this month
Terna's report follows an earnings missed by Tenaris on November 3, who reported EPS of €0.1213 on revenue of €1.52B, compared to forecasts EPS of €0.1472 on revenue of €1.44B.
Leonardo had missed expectations on November 3 with third quarter EPS of €0.09 on revenue of €3.22B, compared to forecast for EPS of €0.2 on revenue of €3.26B.
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