Nexa Resources earnings miss, Revenue beats in Q4

  • Investing.com
Nexa Resources earnings miss, Revenue beats in Q4
Credit: © Reuters.

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

Nexa Resources announced earnings per share of $0.38 on revenue of $635M. Analysts polled by Investing.com anticipated EPS of $0.4297 on revenue of $631.14M.

Nexa Resources shares are up 7.78% from the beginning of the year and are trading at $10.39 , down-from-52-week-high.They are outperforming 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 beat by Sherwin-Williams on Thursday, January 28, 2021, who reported EPS of $5.09 on revenue of $4.49B, compared to forecasts EPS of $4.85 on revenue of $4.34B.

Air Products had missed expectations on Thursday, February 4, 2021 with first quarter EPS of $2.12 on revenue of $2.38B, compared to forecast for EPS of $2.18 on revenue of $2.35B.

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