BASF Earnings, Revenue beat In Q4

  • Investing.com
BASF Earnings, Revenue beat In Q4

Investing.com - BASF reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

BASF announced earnings per share of €1.1 on revenue of €15.91B. Analysts polled by Investing.com anticipated EPS of €0.7914 on revenue of €15.14B.

BASF shares are up 4% from the beginning of the year and are trading at €67.550 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 2.18% from the start of the year.

BASF shares lost 0.95% in intra-day trade the report.

BASF follows other major Basic Materials sector earnings this month

BASF's report follows an earnings beat by Covestro on Tuesday, who reported EPS of €1.66 on revenue of €3.01B, compared to forecasts EPS of €1.56 on revenue of €3B.

Thyssenkrupp AG had beat expectations on Wednesday, February 10, 2021 with first quarter EPS of €-0.23 on revenue of €7.32B, compared to forecast for EPS of €-0.335 on revenue of €7.95B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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