K&S AG earnings, Revenue beat in Q3

  • Investing.com
K&S AG earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - K&S AG reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

K&S AG announced earnings per share of €6.64 on revenue of €746.3M (NYSE: MMM ). Analysts polled by Investing.com anticipated EPS of €0.1723 on revenue of €676.55M.

K&S AG shares are up 46% from the beginning of the year and are trading at €14.588 , down-from-52-week-high.They are outperforming the DAX which is up 17.23% year to date.

K&S AG shares lost 100.00% in pre-market trade the report.

K&S AG follows other major Materials sector earnings this month

K&S AG'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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