Investing.com - Wienerberger AG reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wienerberger AG announced earnings per share of €1.02 on revenue of €1.03B. Analysts polled by Investing.com anticipated EPS of €0.6846 on revenue of €1B.
Wienerberger AG shares are up 27% from the beginning of the year, still down 7.35% from its 52 week high of €35.80 set on August 12. They are under-performing the ATX which is up 40.47% from the start of the year.
Wienerberger AG shares lost 0.45% 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 Lenzing AG on November 3, who reported EPS of €0.71 on revenue of €555M, compared to forecasts EPS of €0.62 on revenue of €597.6M.
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