Investing.com - Terna reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.09 on revenue of €588.88M. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €583.76M.
Terna shares are up 6% from the beginning of the year and are trading at €6.356 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 7.3% 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 Wednesday, November 4, 2020, who reported EPS of €-0.03 on revenue of €856.34M, compared to forecasts EPS of €-0.07 on revenue of €805.26M.
Leonardo had missed expectations on Wednesday, November 4, 2020 with third quarter EPS of €0.14 on revenue of €3.15B, compared to forecast for EPS of €0.15 on revenue of €2.97B.
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