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FLSmidth&Co Earnings, Revenue Beat in Q3

Published 09/03/2022, 04:12 PM
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Investing.com - FLSmidth&Co reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

FLSmidth&Co announced earnings per share of kr2.44 on revenue of kr5.03B. Analysts polled by Investing.com anticipated EPS of kr2.27 on revenue of kr4.7B.

FLSmidth&Co shares are down 19.57% from the beginning of the year , still down 28.13% from its 52 week high of kr273.40 set on Thursday, November 11, 2021. They are under-performing the EUR/USD which is down 0% year to date.

FLSmidth&Co follows other major Industrials sector earnings this month

FLSmidth&Co's report follows an earnings missed by Vestas Wind on Tuesday, August 9, 2022, who reported EPS of kr-0.8 on revenue of kr3.31B, compared to forecasts EPS of kr-0.08 on revenue of kr3.49B.

Rockwool Int. B had missed expectations on Tuesday, August 23, 2022 with second quarter EPS of kr2.82 on revenue of kr1.02B, compared to forecast for EPS of kr4.24 on revenue of kr1B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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