Investing.com - Heidelbergcement reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Heidelbergcement announced earnings per share of €2.64 on revenue of €5.06B. Analysts polled by Investing.com anticipated EPS of €2.63 on revenue of €5.03B.
Heidelbergcement shares are up 77% from the beginning of the year and are trading at €64.370 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 20.78% from the start of the year.
Heidelbergcement follows other major Materials sector earnings this month
Heidelbergcement's report follows an earnings matched by Linde PLC on Thursday, October 28, 2021, who reported EPS of €2.34 on revenue of €6.57B, compared to forecasts EPS of €2.34 on revenue of €6.42B.
BASF had beat expectations on Wednesday, October 27, 2021 with third quarter EPS of €1.56 on revenue of €19.67B, compared to forecast for EPS of €1.5 on revenue of €17.84B.
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