Nexa Resources earnings miss, Revenue beats in Q3

  • Investing.com
Nexa Resources earnings miss, Revenue beats in Q3

Investing.com - Nexa Resources reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Nexa Resources announced earnings per share of $-0.22 on revenue of $538M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $532.88M.

Nexa Resources shares are down 24.45% from the beginning of the year and are trading at $6.16 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.

Nexa Resources shares gained 0.16% in after-hours trade the report.

Nexa Resources follows other major Basic Materials sector earnings this month

Nexa Resources's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.78 on revenue of $5.07B.

Vale ADR had beat expectations on Wednesday with third quarter EPS of $0.68 on revenue of $10.76B, compared to forecast for EPS of $0.67 on revenue of $10.98B.

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

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