Investing.com - Johnson Matthey (LON:JMAT) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Johnson Matthey announced earnings per share of £0.12 on revenue of £6.98B. Analysts polled by Investing.com anticipated EPS of £100.13 on revenue of £2,095M.
Johnson Matthey shares are down 60% from the beginning of the year and are trading at £2,408.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 6.79% 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 James Cropper on Tuesday, November 10, 2020, who reported EPS of £-0.0018 on revenue of £43.2M, compared to forecasts EPS of £0 on revenue of £43.2M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar