Investing.com - YIT reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
YIT announced earnings per share of €0.1001 on revenue of €932M. Analysts polled by Investing.com anticipated EPS of €0.1651 on revenue of €868.75M.
YIT shares are down 2.41% from the beginning of the year and are trading at €4.21 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
YIT follows other major Industrials sector earnings this month
YIT's report follows an earnings missed by KONE Oyj on Wednesday, who reported EPS of €0.54 on revenue of €2.77B, compared to forecasts EPS of €0.547 on revenue of €2.72B.
Wartsila had missed expectations on January 28 with fourth quarter EPS of €0.14 on revenue of €1.6B, compared to forecast for EPS of €0.1832 on revenue of €1.38B.
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