Investing.com - Sandvik AB reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sandvik AB announced earnings per share of kr2.70 on revenue of kr29.27. Analysts polled by Investing.com anticipated EPS of kr2.73 on revenue of kr26.89B.
Sandvik AB shares are down 33% from the beginning of the year and are trading at kr164.55 , down-from-52-week-high.
Sandvik AB follows other major Industrials sector earnings this month
Sandvik AB's report follows an earnings matched by ES Energy Save Holding on Wednesday, September 28, 2022, who reported EPS of kr1.2 on revenue of kr51.4M, compared to forecasts EPS of kr1.2 on revenue of kr51.4M.
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