SID Nacional ADR earnings, Revenue beat in Q1

SID Nacional ADR earnings, Revenue beat in Q1 - SID Nacional ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

SID Nacional ADR announced earnings per share of 0.251 on revenue of 1.97B. Analysts polled by anticipated EPS of 0.2481 on revenue of 1.92B.

SID Nacional ADR shares are down 6.09% from the beginning of the year and are trading at 9.23 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.

SID Nacional ADR follows other major Basic Materials sector earnings this month

SID Nacional ADR's report follows an earnings beat by Vale ADR on Tuesday, who reported EPS of 1.09 on revenue of 12.65B, compared to forecasts EPS of 1.06 on revenue of 13.04B.

Sherwin-Williams had beat expectations on Tuesday with first quarter EPS of 2.06 on revenue of 4.66B, compared to forecast for EPS of 1.64 on revenue of 4.51B.

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