Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case
Published . Updated .
Fortum Oyj stock closed at €23.18 on 28 October, roughly flat over the past week and after a solid 20% gain across the last three months. The Q3 2026 release then landed with a surprisingly soft headline. Basic earnings per share came in at €0.04 on net income of €31m, far below
Directly affected
- No company is named in this report.
Indirectly affected
- IGV iShares Expanded Tech-Software ETF+5.6% 9d
iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story.
- MSFT Microsoft+6.8% 30d
Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.
- ORCL Oracle-4.2% 30d
Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.
- CRM Salesforce-0.2% 30d
Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.
- GOOGL Alphabet-6.3% 30d
Alphabet (computer programming, data processing, etc.): software firms move with business tech spending. Linked by “cloud” (software) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IGV | -2.85% | -0.52% | base | after close | after close | after close | after close |
| MSFT | -2.00% | +0.06% | base | after close | after close | after close | after close |
| ORCL | -13.02% | -12.63% | base | after close | after close | after close | after close |
| CRM | +3.25% | +2.14% | base | after close | after close | after close | after close |
| GOOGL | -0.36% | -2.63% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case Yahoo Finance
Source: Yahoo Finance
Ishares Tr (IGV) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Salesforce (CRM) | three days earlier | +2.14% | final price |
| Salesforce (CRM) | five days earlier | +3.25% | final price |
| Alphabet (GOOGL) | three days earlier | -2.63% | final price |
| Alphabet (GOOGL) | five days earlier | -0.36% | final price |
| Ishares Tr (IGV) | three days earlier | -0.52% | final price |
| Ishares Tr (IGV) | five days earlier | -2.85% | final price |
| Microsoft (MSFT) | three days earlier | +0.06% | final price |
| Microsoft (MSFT) | five days earlier | -2.00% | final price |
| Oracle (ORCL) | three days earlier | -12.63% | final price |
| Oracle (ORCL) | five days earlier | -13.02% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 29 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 31 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Microsoft (MSFT), worth $1,001 - $15,000 on 24 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a dependent child), worth $1,001 - $15,000 on 30 Sep 2026. That is 29 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 29 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Salesforce (CRM), worth $1,001 - $15,000 on 24 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Salesforce (CRM), worth $15,001 - $50,000 on 17 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Tony Wied bought Salesforce (CRM) (jointly held), worth $15,001 - $50,000 on 14 Aug 2026. That is 76 days before publication. Filed 2 Sep 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 45 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 55 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 63 days before publication. Filed 12 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case”
Companies mentioned with this story
- IGV Ishares Tr
In “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case,” Ishares Tr (IGV) is linked, with no stored direction, medium confidence. Reason on file: iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story
- MSFT Microsoft
Microsoft (MSFT) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case.” Reason on file: Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story
- ORCL Oracle
In “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case,” Oracle (ORCL) is linked, with no stored direction, medium confidence. Reason on file: Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story
- CRM Salesforce
For “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case,” Salesforce (CRM) is linked, with no stored direction, medium confidence. Reason on file: Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story
- GOOGL Alphabet
For “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): software firms move with business tech spending. Linked by “cloud” (software) in this story
How “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case” reaches Ishares Tr (IGV)
The 29 Oct 2026 story “Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case” names Ishares Tr (IGV) because of this story.
The link for Ishares Tr (IGV) is this: iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story
Also listed, Microsoft (MSFT): Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story
Price levels for Ishares Tr (IGV)
IGV traded between 103.50 and 112.61 across 8 sessions. The latest close on file is 112.59. MSFT traded between 512.19 and 551.08 across 20 sessions. The latest close on file is 531.56. ORCL traded between 122.78 and 148.43 across 20 sessions. The latest close on file is 144.29.
What the saved facts support for Ishares Tr (IGV)
40 out of 100
“Fortum (HLSE:FORTUM) Q3 Earnings Cloud Its Growth Case” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.