Investing.com - Croda Intl reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Croda Intl announced earnings per share of £3.89 on revenue of £1.13B. Analysts polled by Investing.com anticipated EPS of £131.41 on revenue of £1,044M.
Croda Intl shares are down 22% from the beginning of the year, still down 28.78% from its 52 week high of £10,505.00 set on December 14, 2021. They are under-performing the FTSE 100 which is up 0.53% from the start of the year.
Croda Intl follows other major Materials sector earnings this month
Croda Intl's report follows an earnings missed by Tata Steel DRC on July 24, who reported EPS of £0.7973 on revenue of £7.96B, compared to forecasts EPS of £0.8373 on revenue of £7.94B.
First Quantum Minerals had missed expectations on Tuesday with second quarter EPS of £0.4842 on revenue of £1.88B, compared to forecast for EPS of £0.5066 on revenue of £1.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar