Epiroc A

Epiroc reported revenue for the most recent quarter of $1.78 billion versus $1.57 billion a year earlier. Earnings per share were $0.21 (prior year $0.18); analysts had expected $0.216 EPS and $1.72 billion in revenue. Revenue thus beat expectations, while EPS came in slightly below analysts' estimates. » Altro su finanzen.net

Epiroc shares fell about 6.5% to 199.9 SEK after adjusted EBIT for Q2 missed consensus at 3.3 billion SEK versus 3.4 billion SEK expected and the adjusted EBIT margin disappointed at 20.1%. Revenue was slightly above consensus at 16.7 billion SEK and order intake was 17.3 billion SEK, but diluted earnings per share remained below expectations. A downgrade by UBS with a reduced price target, along with concerns about continued margin pressure in the services division and competitive pressure from Metso and Weir, added to the downward pressure. » Altro su de.investing.com

Epiroc will publish figures for the quarter ended 30 June on 17 July. Fifteen analysts expect an average earnings per share of 0.216 USD (previous year 0.180 USD), and 16 analysts see revenue averaging 1.72 billion USD (+9.62% versus 1.57 billion USD). For the current fiscal year, 22 analysts forecast an EPS of 0.876 USD and 21 analysts expect revenue of 6.92 billion USD. » Altro su finanzen.net