Investing.com - Heidelbergcement reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Heidelbergcement announced earnings per share of €2.64 on revenue of €5.06B. Analysts polled by Investing.com anticipated EPS of €2.63 on revenue of €5.03B.
Heidelbergcement shares are up 77% from the beginning of the year and are trading at €64.370 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 20.78% year to date.
Heidelbergcement follows other major Materials sector earnings this month
Heidelbergcement's report follows an earnings matched by Linde PLC on Thursday, October 28, 2021, who reported EPS of €2.34 on revenue of €6.57B, compared to forecasts EPS of €2.34 on revenue of €6.42B.
BASF had beat expectations on Wednesday, October 27, 2021 with third quarter EPS of €1.56 on revenue of €19.67B, compared to forecast for EPS of €1.5 on revenue of €17.84B.
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