Investing.com - Volati reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Volati announced earnings per share of kr1.3000 on revenue of kr1.9800. Analysts polled by Investing.com anticipated EPS of kr1.7000 on revenue of kr2.03B.
Volati shares are down 26% from the beginning of the year and are trading at kr104.8000 , down-from-52-week-high.
Volati follows other major Industrials sector earnings this month
Volati's report follows an earnings beat by Atlas Copco A on October 19, who reported EPS of kr1.34 on revenue of kr38.07B, compared to forecasts EPS of kr1.18 on revenue of kr34.95B.
Atlas Copco B had beat expectations on October 19 with third quarter EPS of kr1.34 on revenue of kr38.07B, compared to forecast for EPS of kr1.18 on revenue of kr34.95B.
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