Investing.com - Johnson Matthey (LON:JMAT) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Johnson Matthey announced earnings per share of £0.94 on revenue of £8.69B. Analysts polled by Investing.com anticipated EPS of £109.53 on revenue of £2,074M.
Johnson Matthey shares are up 25% from the beginning of the year and are trading at £3,038.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 11.88% from the start of the year.
Johnson Matthey follows other major Basic Materials sector earnings this month
Johnson Matthey's report follows an earnings missed by Victrex on Monday, May 10, 2021, who reported EPS of £0.47 on revenue of £151.4M, compared to forecasts EPS of £45.50 on revenue of £147.00M.
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