Vestas Wind Systems (OTC: VWDRY) Reports Q3 2026 Earnings Below Estimates
Key points
- Vestas Wind Systems (OTC: VWDRY) reported Q3 2026 earnings per share of $0.13 and revenue of $6.34 billion, both falling short of analyst estimates.
- The company's profitability was negatively affected by weak volume and a broken turbine blade.
- Following the earnings miss, shares declined, and Vestas narrowed its guidance.
Danish wind-turbine maker Vestas Wind Systems (OTC: VWDRY) reports earnings per share of $0.13, below the $0.1472 estimate. Revenue is $6.34 billion, below the $6.8 billion estimate.
Vestas CEO Henrik Andersen describes the third quarter of 2026 as strong and busy and thanks customers, partners and employees for their support. CFO Jakob Wegge-Larsen is also listed as a participant in the earnings call.
Profit is hurt by weak volume and a broken turbine blade. Shares fall after the earnings miss, and Vestas narrows its guidance, implying cuts to consensus expectations.
Vestas has a trailing price-to-earnings ratio of 22.91 and a price-to-sales ratio of 1.24. Its enterprise value-to-sales ratio is 1.24, while its enterprise value-to-operating cash flow ratio is 11.27. Its earnings yield is 4.36%, debt-to-equity ratio is 0.89, and current ratio is 0.97.
