Heidelbergcement earnings, Revenue beat in Q3

  • Investing.com
Heidelbergcement earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - Heidelbergcement reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Heidelbergcement announced earnings per share of €3.12 on revenue of €4.89B. Analysts polled by Investing.com anticipated EPS of €2.13 on revenue of €4.82B.

Heidelbergcement shares are down 21% from the beginning of the year and are trading at €54.640 , down-from-52-week-high.They are outperforming the ATX which is down 32.42% year to date.

Heidelbergcement follows other major Capital Goods sector earnings this month

Heidelbergcement's report follows an earnings missed by MTU Aero on Wednesday, October 28, 2020, who reported EPS of €1.01 on revenue of €907.8M, compared to forecasts EPS of €1.2 on revenue of €882.38M.

Kion Group AG had beat expectations on Tuesday, October 27, 2020 with third quarter EPS of €0.72 on revenue of €2.07B, compared to forecast for EPS of €0.49 on revenue of €2.06B.

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