Investing.com - Diversey Holdings reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Diversey Holdings announced earnings per share of $-0.11 on revenue of $689M. Analysts polled by Investing.com anticipated EPS of $0.09 on revenue of $715.28M.
Diversey Holdings shares are down 26.01% from the beginning of the year, still down 74.28% from its 52 week high of $18.00 set on November 4, 2021.
Diversey Holdings shares lost 3.54% in intra-day trade following the report.
Diversey Holdings follows other major Materials sector earnings this month
Diversey Holdings's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, compared to forecasts EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on October 25 with third quarter EPS of $2.83 on revenue of $6.05B, compared to forecast for EPS of $2.59 on revenue of $5.81B.
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