Investing.com - Aurubis AG reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aurubis AG announced earnings per share of €1.79 on revenue of €5.02B. Analysts polled by Investing.com anticipated EPS of €1.64 on revenue of €3.98B.
Aurubis AG shares are down 21.76% from the beginning of the year, still down 42.46% from its 52 week high of €119.75 set on April 21. They are under-performing the EUR/USD which is down 0% from the start of the year.
Aurubis AG follows other major Materials sector earnings this month
Aurubis AG's report follows an earnings beat by Linde PLC on July 28, who reported EPS of €3.05 on revenue of €8.33B, compared to forecasts EPS of €2.87 on revenue of €8.13B.
BASF had beat expectations on July 27 with second quarter EPS of €2.37 on revenue of €22.97B, compared to forecast for EPS of €1.94 on revenue of €21.96B.
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