Wacker Chemie earnings, Revenue beat in Q3

  • Investing.com
Wacker Chemie earnings, Revenue beat in Q3

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

Wacker Chemie announced earnings per share of €4.9 on revenue of €1.66B. Analysts polled by Investing.com anticipated EPS of €4.36 on revenue of €1.57B.

Wacker Chemie shares are up 30.88% from the beginning of the year and are trading at €152.80 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Wacker Chemie shares lost 100.00% in pre-market trade the report.

Wacker Chemie follows other major Materials sector earnings this month

Wacker Chemie's report follows an earnings beat by Linde PLC on Thursday, who reported EPS of €2.34 on revenue of €6.57B, compared to forecasts EPS of €2.28 on revenue of €6.39B.

BASF had beat expectations on Wednesday with third quarter EPS of €1.56 on revenue of €19.67B, compared to forecast for EPS of €1.5 on revenue of €17.68B.

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