Investing.com - Metsa Board Oyj B reported on Wednesday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Metsa Board Oyj B announced earnings per share of €0.06 on revenue of €472.1M. Analysts polled by Investing.com anticipated EPS of €0.06 on revenue of €471.27M. That with comparison to EPS of €0.17 on revenue of €487.1M in the same period a year before.Metsa Board Oyj B had reported EPS of €0.05 on revenue of €478.4M in the previous quarter.Analysts are expecting EPS of €0.06 and revenue of €458.15M in the upcoming quarter.
Metsa Board Oyj B shares are up 3% from the beginning of the year and are trading at €6.180 , down-from-52-week-high.They are outperforming the OMX Helsinki 25 which is down 11.26% year to date.
Metsa Board Oyj B follows other major Basic Materials sector earnings this month
Metsa Board Oyj B's report follows an earnings beat by UPM-Kymmene on Thursday, April 23, 2020, who reported EPS of €0.43 on revenue of €2.29B, compared to forecasts EPS of €0.36 on revenue of €2.37B.
Stora Enso Oyj A had matched expectations on Tuesday, April 21, 2020 with first quarter EPS of €0.12 on revenue of €2.21B, compared to forecast for EPS of €0.12 on revenue of €2.35B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar