Investing.com - Ferroglobe (NASDAQ:GSM) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ferroglobe announced earnings per share of $0.640 on revenue of $593.22M. Analysts polled by Investing.com anticipated EPS of $0.680 on revenue of $694.85M.
Ferroglobe shares are down 78% from the beginning of the year, still down 38.94% from its 52 week high of $9.81 set on March 7.
Ferroglobe follows other major Materials sector earnings this month
Ferroglobe's report follows an earnings missed by Air Liquide ADR on October 25, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.5954 on revenue of $7.46B.
Vale ADR had beat expectations on October 27 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.5594 on revenue of $10.15B.
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