Wacker Chemie Earnings, Revenue beat In Q1
Investing.com - Wacker Chemie reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wacker Chemie announced earnings per share of €7.92 on revenue of €2.08B. Analysts polled by Investing.com anticipated EPS of €6.74 on revenue of €1.96B.
Wacker Chemie shares are down 26% from the beginning of the year and are trading at €154.57 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 7.4% from the start of the year.
Wacker Chemie follows other major Materials sector earnings this month
Wacker Chemie's report follows an earnings beat by Linde PLC on Thursday, who reported EPS of €2.79 on revenue of €7.81B, compared to forecasts EPS of €2.51 on revenue of €7.31B.
BASF had beat expectations on Friday with first quarter EPS of €2.7 on revenue of €23.08B, compared to forecast for EPS of €2.05 on revenue of €22.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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