Investing.com - Fortum reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fortum announced earnings per share of €0.35 on revenue of €12.33B. Analysts polled by Investing.com anticipated EPS of €0.25 on revenue of €15.01B.
Fortum shares are down 22% from the beginning of the year, still down 27.45% from its 52 week high of €23.46 set on January 28. They are under-performing the OMX Helsinki 25 which is up 0.79% from the start of the year.
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