Nexa Resources earnings miss, Revenue beats in Q3

  • Investing.com
Nexa Resources earnings miss, Revenue beats in Q3
Credit: © Reuters.

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 $0.41 on revenue of $657.5M. Analysts polled by Investing.com anticipated EPS of $0.4499 on revenue of $603.92M.

Nexa Resources shares are down 3.84% from the beginning of the year and are trading at $7.990 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.

Nexa Resources follows other major Basic Materials sector earnings this month

Nexa Resources's report follows an earnings missed by Sherwin-Williams on Tuesday, who reported EPS of $2.09 on revenue of $5.15B, compared to forecasts EPS of $2.13 on revenue of $5.09B.

BASF ADR had beat expectations on Wednesday with third quarter EPS of $0.4522 on revenue of $22.81B, compared to forecast for EPS of $0.4387 on revenue of $20.64B.

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

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