Investing.com - Heidelbergcement reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Heidelbergcement announced earnings per share of €2.64 on revenue of €5.06B. Analysts polled by Investing.com anticipated EPS of €2.63 on revenue of €5.03B.
Heidelbergcement shares are up 77% from the beginning of the year, still down 20.57% from its 52 week high of €81.04 set on April 16. They are outperforming the S&P Global 100 which is up 20.78% from the start of the year.
Heidelbergcement follows other major Materials sector earnings this month
Heidelbergcement's report follows an earnings matched by Linde PLC on October 28, who reported EPS of €2.34 on revenue of €6.57B, compared to forecasts EPS of €2.34 on revenue of €6.42B.
BASF had beat expectations on October 27 with third quarter EPS of €1.56 on revenue of €19.67B, compared to forecast for EPS of €1.5 on revenue of €17.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar