Investing.com - Neste Oil Oyj reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Neste Oil Oyj announced earnings per share of €0.50 on revenue of €3.27B. Analysts polled by Investing.com anticipated EPS of €0.41 on revenue of €3.37B. That with comparison to EPS of €0.38 on revenue of €3.77B in the same period a year before.Neste Oil Oyj had reported EPS of €0.92 on revenue of €4.05B in the previous quarter.Analysts are expecting EPS of €0.32 and revenue of €2.56B in the upcoming quarter.
Neste Oil Oyj shares are down 4% from the beginning of the year and are trading at €29.61 , down-from-52-week-high.They are outperforming the OMX Helsinki 25 which is down 17.9% year to date.
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