Investing.com - Fauji Fertilizer Bin Qasim reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fauji Fertilizer Bin Qasim announced earnings per share of ₨-0.46 on revenue of ₨28.51. Analysts polled by Investing.com anticipated EPS of ₨1.52 on revenue of ₨39.87B.
Fauji Fertilizer Bin Qasim shares are up 78% from the beginning of the year, still down 35.32% from its 52 week high of ₨28.00 set on November 19, 2021.
Fauji Fertilizer Bin Qasim follows other major Materials sector earnings this month
Fauji Fertilizer Bin Qasim's report follows an earnings beat by ICI Pakistan on Tuesday, who reported EPS of ₨16.4 on revenue of ₨24.30B, compared to forecasts EPS of ₨13.28 on revenue of ₨20,967M.
Fauji Cement Company had beat expectations on September 20 with third quarter EPS of ₨1.5 on revenue of ₨31.32B, compared to forecast for EPS of ₨1.4 on revenue of ₨31.32B.
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