Investing.com - Wienerberger AG reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wienerberger AG announced earnings per share of €0.76 on revenue of €1.07B. Analysts polled by Investing.com anticipated EPS of €0.6365 on revenue of €987.75M.
Wienerberger AG shares are up 33% from the beginning of the year, still down 1.42% from its 52 week high of €35.32 set on August 11. They are outperforming the STOXX 600 which is up 18.53% from the start of the year.
Wienerberger AG shares lost 0.31% in intra-day trade following the report.
Wienerberger AG follows other major Materials sector earnings this month
Wienerberger AG's report follows an earnings beat by Voestalpine on August 4, who reported EPS of €1.42 on revenue of €3.49B, compared to forecasts EPS of €1.26 on revenue of €3.52B.
Lenzing AG had matched expectations on August 4 with second quarter EPS of €1.41 on revenue of €544M, compared to forecast for EPS of €1.41 on revenue of €567M.
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