Investing.com - Nexa Resources reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nexa Resources announced earnings per share of $-0.22 on revenue of $538M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $532.88M.
Nexa Resources shares are down 24.45% from the beginning of the year, still down 43.99% from its 52 week high of $10.98 set on October 31, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Nexa Resources shares gained 0.16% in after-hours trade following the report.
Nexa Resources follows other major Basic Materials sector earnings this month
Nexa Resources's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.78 on revenue of $5.07B.
Vale ADR had beat expectations on Wednesday with third quarter EPS of $0.68 on revenue of $10.76B, compared to forecast for EPS of $0.67 on revenue of $10.98B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar