Investing.com - Voestalpine reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Voestalpine announced earnings per share of €-0.27 on revenue of €3.14B. Analysts polled by Investing.com anticipated EPS of €0.52 on revenue of €3.34B. That with comparison to EPS of €0.91 on revenue of €3.61B in the same period a year before.Voestalpine had reported EPS of €-1.51 on revenue of €3.03B in the previous quarter.Analysts are expecting EPS of €0.75 and revenue of €3.32B in the upcoming quarter.
Voestalpine shares are down 28% from the beginning of the year and are trading at €17.660 , down-from-52-week-high.They are under-performing the ATX which is down 25.76% year to date.
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