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Siemens Gamesa to report quarterly earnings Tuesday

HUTCHINSON, Kan. — Wind turbine maker Siemens Gamesa will announce its quarterly earnings report overnight.

Three analysts forecast earnings of $0.27 per share compared to earnings of $0.77 per share in the same quarter of the previous year.

Wall Street expects the world’s largest wind turbine maker to report sales of $2.33 billion, an increase of 31.39% over the same period last year.

Siemens Gamesa saw lower numbers in the previous quarter, hurt by continued stress in the market.

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