Investing.com - Alfa Laval AB reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Alfa Laval AB announced earnings per share of kr2.9 on revenue of kr13.2. Analysts polled by Investing.com anticipated EPS of kr3.5 on revenue of kr13.05B.
Alfa Laval AB shares are down 26% from the beginning of the year, still down 32.78% from its 52 week high of kr390.80 set on November 18, 2021.
Alfa Laval AB follows other major Industrials sector earnings this month
Alfa Laval AB's report follows an earnings beat by Atlas Copco A on October 19, who reported EPS of kr1.34 on revenue of kr38.07B, compared to forecasts EPS of kr1.18 on revenue of kr34.95B.
Atlas Copco B had beat expectations on October 19 with third quarter EPS of kr1.34 on revenue of kr38.07B, compared to forecast for EPS of kr1.18 on revenue of kr34.95B.
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