Investing.com - Gamesa reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gamesa announced earnings per share of €-0.22 on revenue of €10.20B. Analysts polled by Investing.com anticipated EPS of €-0.2396 on revenue of €2.87B.
Gamesa shares are down 31% from the beginning of the year and are trading at €22.600 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 20.72% from the start of the year.
Gamesa shares lost 100.00% in pre-market trade following the report.
Gamesa follows other major Industrials sector earnings this month
Gamesa's report follows an earnings beat by Aena on Thursday, October 28, 2021, who reported EPS of €1.48 on revenue of €897.9M, compared to forecasts EPS of €0.0092 on revenue of €871.9M.
Ferrovial had matched expectations on Thursday, October 28, 2021 with third quarter EPS of €-0.06 on revenue of €1.84B, compared to forecast for EPS of €-0.06 on revenue of €1.64B.
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