Investing.com - Gamesa reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Gamesa announced earnings per share of €-0.08 on revenue of €2.41B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €2.57B.
Gamesa shares are up 29% from the beginning of the year and are trading at €20.314 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 13.54% from the start of the year.
Gamesa follows other major Capital Goods sector earnings this month
Gamesa's report follows an earnings matched by Metrovacesa on Tuesday, who reported EPS of €-0.02 on revenue of €18.8M, compared to forecasts EPS of €-0.02 on revenue of €32.54M.
Neinor Homes had missed expectations on Wednesday with second quarter EPS of €0.1 on revenue of €50.85M, compared to forecast for EPS of €0.34 on revenue of €103.89M.
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