Investing.com - Saipem reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Saipem announced earnings per share of €-0.13 on revenue of €1.72B. Analysts polled by Investing.com anticipated EPS of €-0.05 on revenue of €1.75B.
Saipem shares are down 57% from the beginning of the year, still down 69.10% from its 52 week high of €4.57 set on November 15, 2019. They are under-performing the Euro Stoxx 50 which is down 20.87% from the start of the year.
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