Investing.com - Fortum reported on Friday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fortum announced earnings per share of €0.43 on revenue of €21.28B. Analysts polled by Investing.com anticipated EPS of €0.5717 on revenue of €15.92B.
Fortum shares are up 11% from the beginning of the year, still down 1.21% from its 52 week high of €22.24 set on February 11. They are outperforming the STOXX 600 which is up 6.03% from the start of the year.
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