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 $-0.310 on revenue of $702.6M. Analysts polled by Investing.com anticipated EPS of $0.143 on revenue of $603.16M.

Nexa Resources shares are down 38.76% from the beginning of the year and are trading at $4.790 , down-from-52-week-high.

Nexa Resources follows other major Materials sector earnings this month

Nexa Resources's report follows an earnings beat by Sherwin-Williams on Tuesday, October 25, 2022, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.

Freeport-McMoran had missed expectations on Thursday, October 20, 2022 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.

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