Investing.com - Suzano Papel ADR reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Suzano Papel ADR announced earnings per share of $-0.2 on revenue of $1.29B. Analysts polled by Investing.com anticipated EPS of $-0.26 on revenue of $1.26B.
Suzano Papel ADR shares are down 27% from the beginning of the year, still down 17.53% from its 52 week high of $10.84 set on January 14. They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 1.52% from the start of the year.
Suzano Papel ADR follows other major sector earnings this month
Suzano Papel ADR's report follows an earnings beat by China Construction Bank Corp on Thursday, who reported EPS of $0.8 on revenue of $25.24B, compared to forecasts EPS of $0.63 on revenue of $25.24B.
HSBC Holdings PLC ADR had missed expectations on Tuesday with third quarter EPS of $0.21 on revenue of $12.07B, compared to forecast for EPS of $0.24 on revenue of $12.09B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar