Brazilian industrial heavyweight WEG (WEGE3) missed market expectations for the second consecutive quarter, sparking a sharp selloff in its shares. The company reported a net income of R$1.54 billion in Q1 2025, up 16.4% year-on-year, but below the R$1.78 billion consensus forecast, according to LSEG data. Similarly, EBITDA rose 22.8% to R$2.17 billion but still […]
Full ArticleWEG stock tumbles as Q1 earnings disappoint; margin concerns weigh on outlook
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