Kongsberg Gruppen Shares Slide After Q2 2026 Results and Analyst Downgrade
Kongsberg Gruppen stock fell nearly 6% as the company released second-quarter 2026 results on a day when analysts were already forecasting a marked year-on-year decline in both earnings and revenue. Consensus estimates anticipated EPS of about 1.61 NOK, down from 1.85 NOK a year earlier, and revenue of roughly 10.06 billion NOK, a contraction of ar…