Investing.com - Koninklijke DSM reported on Tuesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Koninklijke DSM announced earnings per share of €1.23 on revenue of €2.42B. Analysts polled by Investing.com anticipated EPS of €1.23 on revenue of €2.27B.
Koninklijke DSM shares are down 17% from the beginning of the year and are trading at €163.65 , down-from-52-week-high.They are under-performing the AEX which is down 5.96% from the start of the year.
Koninklijke DSM shares gained 2.83% in intra-day trade the report.
Koninklijke DSM follows other major Materials sector earnings this month
Koninklijke DSM's report follows an earnings beat by ArcelorMittal on Thursday, who reported EPS of €3.42 on revenue of €18.14B, compared to forecasts EPS of €3.07 on revenue of €17.94B.
Akzo Nobel had beat expectations on Wednesday, February 9, 2022 with fourth quarter EPS of €0.74 on revenue of €2.4B, compared to forecast for EPS of €0.6433 on revenue of €2.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar