Investing.com - Fortum reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fortum announced earnings per share of €1.23 on revenue of €21.49B. Analysts polled by Investing.com anticipated EPS of €0.7786 on revenue of €18.1B.
Fortum shares are down 4% from the beginning of the year, still down 3.40% from its 52 week high of €23.54 set on April 27. They are under-performing the STOXX 600 which is up 9.75% from the start of the year.
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