Vestas Posts Wider Q1 Loss

Vestas Wind Systems A/S VWDRY posted a wider-than-expected net loss for the first quarter 2012. Vestas posted a quarterly net loss of EUR162 million, versus a year-ago loss of EUR85 million. However, analysts were expecting a net loss of EUR58.7 million. Vestas' sales climbed 4.2% to EUR1.11 billion from EUR1.06 billion, versus analysts' estimates of EUR1.49 billion. Vestas shares closed at $2.96 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsloss
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!