Wacker Chemie Earnings, Revenue beat In Q1

Investing.com - Wacker Chemie reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wacker Chemie announced earnings per share of €2.42 on revenue of €2.42B. Analysts polled by Investing.com anticipated EPS of €0.5454 on revenue of €1.23B.
Wacker Chemie shares are up 55% from the beginning of the year and are trading at €109.62 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 4.65% from the start of the year.
Wacker Chemie shares lost 100.00% in pre-market trade the report.
Wacker Chemie follows other major Basic Materials sector earnings this month
Wacker Chemie's report follows an earnings beat by BASF on Friday, February 26, 2021, who reported EPS of €1.1 on revenue of €15.91B, compared to forecasts EPS of €0.7914 on revenue of €15.14B.
Henkel VZO had beat expectations on Wednesday, March 3, 2021 with first quarter EPS of €0.8736 on revenue of €4.77B, compared to forecast for EPS of €0.8214 on revenue of €4.75B.
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