SID Nacional ADR earnings, Revenue miss in Q2

SID Nacional ADR earnings, Revenue miss in Q2 - SID Nacional ADR reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

SID Nacional ADR announced earnings per share of 0.1272 on revenue of 2.08B. Analysts polled by anticipated EPS of 0.223 on revenue of 2.23B.

SID Nacional ADR shares are down 29.05% from the beginning of the year and are trading at 3.230 , 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 Materials sector earnings this month

SID Nacional ADR'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.

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