Altri Earnings, Revenue miss In Q1

  • Investing.com
Altri Earnings, Revenue miss In Q1

Investing.com - Altri reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Altri announced earnings per share of €0.17 on revenue of €158.1M. Analysts polled by Investing.com anticipated EPS of €0.18 on revenue of €234M.

Altri shares are up 5% from the beginning of the year and are trading at €5.92 , down-from-52-week-high.They are outperforming the PSI 20 which is up 3.68% from the start of the year.

Altri shares gained 0.42% in intra-day trade the report.

Altri follows other major Materials sector earnings this month

Altri's report follows an earnings beat by Corticeira Amorim on Thursday, February 24, 2022, who reported EPS of €0.13 on revenue of €200.7M, compared to forecasts EPS of €0.12 on revenue of €182.4M.

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