Wacker Chemie earnings beat, Revenue Inline in Q1

  • Investing.com
Wacker Chemie earnings beat, Revenue Inline in Q1

Investing.com - Wacker Chemie reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.

Wacker Chemie announced earnings per share of €5.67 on revenue of €1.68B. Analysts polled by Investing.com anticipated EPS of €5.28 on revenue of €1.68B.

Wacker Chemie shares are up 10.78% from the beginning of the year and are trading at €145.78 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Wacker Chemie follows other major Materials sector earnings this month

Wacker Chemie's report follows an earnings missed by BASF on Friday, February 25, 2022, who reported EPS of €1.17 on revenue of €19.78B, compared to forecasts EPS of €1.29 on revenue of €18.62B.

Symrise AG had matched expectations on Tuesday, March 1, 2022 with fourth quarter EPS of €0.62 on revenue of €942.8M, compared to forecast for EPS of €0.62 on revenue of €924.44M.

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