Investing.com - Suedzucker reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Suedzucker announced earnings per share of €0.04 on revenue of €1.6B. Analysts polled by Investing.com anticipated EPS of €-0.06 on revenue of €1.54B.
Suedzucker shares are up 21% from the beginning of the year, still down 26.18% from its 52 week high of €17.76 set on August 27, 2020. They are outperforming the PSI 20 which is up 7.62% from the start of the year.
Suedzucker follows other major Consumer/Non-Cyclical sector earnings this month
Suedzucker's report follows an earnings matched by Beiersdorf AG on April 28, who reported EPS of €1.53 on revenue of €1.95B, compared to forecasts EPS of €1.53 on revenue of €1.88B.
Fuchs Petrolub AG VZO Pref had beat expectations on April 29 with first quarter EPS of €0.51 on revenue of €697M, compared to forecast for EPS of €0.4896 on revenue of €663.52M.
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