Aurubis AG earnings beat, Revenue misses in Q3

  • Investing.com
Aurubis AG earnings beat, Revenue misses in Q3

Investing.com - Aurubis AG reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Aurubis AG announced earnings per share of €3.47 on revenue of €2.66B. Analysts polled by Investing.com anticipated EPS of €0.61 on revenue of €2.97B.

Aurubis AG shares are up 9.5% from the beginning of the year and are trading at €59.920 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Aurubis AG follows other major Basic Materials sector earnings this month

Aurubis AG's report follows an earnings beat by BASF on Wednesday, July 29, 2020, who reported EPS of €0.25 on revenue of €12.68B, compared to forecasts EPS of €-0.06 on revenue of €12.31B.

Henkel VZO had missed expectations on Wednesday, August 5, 2020 with second quarter EPS of €0.55 on revenue of €4.56B, compared to forecast for EPS of €0.9 on revenue of €4.56B.

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