Krones AG Earnings, Revenue beat In Q1

  • Investing.com
Krones AG Earnings, Revenue beat In Q1

Investing.com - Krones AG reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Krones AG announced earnings per share of €1.04 on revenue of €874.6M. Analysts polled by Investing.com anticipated EPS of €0.7829 on revenue of €874.5M.

Krones AG shares are up 14.42% from the beginning of the year and are trading at €75.150 , down-from-52-week-high.They are outperforming the S&P/ASX 200 which is up 7.49% from the start of the year.

Krones AG follows other major Basic Materials sector earnings this month

Krones AG's report follows an earnings beat by BASF on Wednesday, April 28, 2021, who reported EPS of €2 on revenue of €19.4B, compared to forecasts EPS of €1.98 on revenue of €17.27B.

Henkel VZO had beat expectations on Thursday with first quarter EPS of €1.27 on revenue of €4.97B, compared to forecast for EPS of €1.25 on revenue of €4.79B.

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