Investing.com - Croda Intl reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Croda Intl announced earnings per share of £1.1 on revenue of £934.0M. Analysts polled by Investing.com anticipated EPS of £102.75 on revenue of £848.00M.
Croda Intl shares are up 25% from the beginning of the year and are trading at £8,266.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 14.94% from the start of the year.
Croda Intl follows other major Materials sector earnings this month
Croda Intl's report follows an earnings beat by Tata Steel DRC on Sunday, July 4, 2021, who reported EPS of £0.9909 on revenue of £7.01B, compared to forecasts EPS of £0.9353 on revenue of £7.03B.
Novolipetsk Steel DRC had missed expectations on Thursday, July 22, 2021 with second quarter EPS of £2.27 on revenue of £4.14B, compared to forecast for EPS of £2.32 on revenue of £4.09B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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