Investing.com - Andritz AG reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Andritz AG announced earnings per share of €0.77 on revenue of €1.52B. Analysts polled by Investing.com anticipated EPS of €0.9776 on revenue of €1.59B.
Andritz AG shares are up 27% from the beginning of the year, still down 5.86% from its 52 week high of €50.95 set on November 4. They are under-performing the ATX which is up 38.8% from the start of the year.
Andritz AG shares lost 5.29% in intra-day trade following the report.
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