Investing.com - DS Smith reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
DS Smith announced earnings per share of £0.1 on revenue of £3.88B. Analysts polled by Investing.com anticipated EPS of £16.50 on revenue of £3,678M.
DS Smith shares are down 37.63% from the beginning of the year, still down 37.16% from its 52 week high of £465.97 set on September 7, 2021. They are under-performing the FTSE 100 which is down 3.15% from the start of the year.
DS Smith follows other major Materials sector earnings this month
DS Smith's report follows an earnings missed by Johnson Matthey on May 26, who reported EPS of £0.76 on revenue of £7.44B, compared to forecasts EPS of £99.05 on revenue of £2,074M.
Electra Battery Materials had beat expectations on May 26 with second quarter EPS of £0.04 on revenue of £0.00, compared to forecast for EPS of £-0.1 on revenue of £0.00.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar