K&S AG earnings, Revenue miss in Q1

  • Investing.com
K&S AG earnings, Revenue miss in Q1

Investing.com - K&S AG reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

K&S AG announced earnings per share of €1.63 on revenue of €1.21B. Analysts polled by Investing.com anticipated EPS of €1.68 on revenue of €1.22B.

K&S AG shares are up 84% from the beginning of the year and are trading at €28.035 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 12.88% year to date.

K&S AG shares lost 5.41% in intra-day trade the report.

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

K&S AG's report follows an earnings beat by Linde PLC on Thursday, April 28, 2022, who reported EPS of €2.79 on revenue of €7.81B, compared to forecasts EPS of €2.77 on revenue of €7.36B.

BASF had beat expectations on Friday, April 29, 2022 with first quarter EPS of €2.7 on revenue of €23.08B, compared to forecast for EPS of €2.14 on revenue of €23.29B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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