Investing.com - AgroFresh Solutions (NASDAQ:AGFS) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AgroFresh Solutions announced earnings per share of $-0.210 on revenue of $47.8M. Analysts polled by Investing.com anticipated EPS of $-0.010 on revenue of $53.59M.
AgroFresh Solutions shares are down 19% from the beginning of the year, still down 3.87% from its 52 week high of $2.84 set on November 2.
AgroFresh Solutions follows other major Materials sector earnings this month
AgroFresh Solutions's report follows an earnings beat by Vale ADR on October 27, who reported EPS of $0.98 on revenue of $9.93B, compared to forecasts EPS of $0.6671 on revenue of $10.74B.
Air Products had beat expectations on November 3 with fourth quarter EPS of $2.89 on revenue of $3.57B, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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