Neste lags market expectations in Q2, shares fall

Neste Oyj

24/07/2026 09:00

** Shares in Neste NESTE.HE fall 8% after the Finnish oil refiner and biofuels producer's Q2 results missed market expectations
** Its Q2 comparable EBITDA of €1.20 billion ($1.37 billion) just slightly missed analysts' estimate of €1.23 billion in a Vara Research consensus
** But Inderes analyst Petri Gostowski said investors had built up expectations for results stronger than the consensus forecast, prompting some buying ahead of the earnings report 
** The shares came under pressure after the company failed to deliver a clear earnings beat, Gostowski adds
** The stock is among bottom performers on pan-European STOXX 600 .STOXX index, set for worst day since February 2025, if losses hold 



($1 = 0.8779 euros)

 (Reporting by Marta Frackowiak)
 ((marta.frackowiak@thomsonreuters.com))