Wacker Chemie earnings, Revenue beat in Q2

  • Investing.com
Wacker Chemie earnings, Revenue beat in Q2

Investing.com - Wacker Chemie reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Wacker Chemie announced earnings per share of €3.28 on revenue of €2.86B. Analysts polled by Investing.com anticipated EPS of €2.68 on revenue of €1.44B.

Wacker Chemie shares are down 2% from the beginning of the year and are trading at €131.70 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 17.78% year to date.

Wacker Chemie follows other major Materials sector earnings this month

Wacker Chemie's report follows an earnings beat by Linde PLC on Wednesday, who reported EPS of €2.28 on revenue of €6.4B, compared to forecasts EPS of €2.12 on revenue of €6.16B.

BASF had beat expectations on Wednesday, July 28, 2021 with second quarter EPS of €2.03 on revenue of €19.75B, compared to forecast for EPS of €1.79 on revenue of €18.2B.

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