Investing.com - POSCO reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
POSCO announced earnings per share of 3.48 on revenue of 17.6B. Analysts polled by Investing.com anticipated EPS of 3.37 on revenue of 17.58B.
POSCO shares are down 14.67% from the beginning of the year and are trading at 50.50 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
POSCO follows other major Materials sector earnings this month
POSCO's report follows an earnings missed by Sherwin-Williams on Wednesday, July 27, 2022, who reported EPS of 2.41 on revenue of 5.87B, compared to forecasts EPS of 2.77 on revenue of 6.03B.
Vale ADR had beat expectations on Thursday, July 28, 2022 with second quarter EPS of 1.32 on revenue of 11.16B, compared to forecast for EPS of 0.8013 on revenue of 11.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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