Investing.com - K&S AG reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
K&S AG announced earnings per share of €-0.16 on revenue of €947M. Analysts polled by Investing.com anticipated EPS of €-0.9349 on revenue of €793.85M.
K&S AG shares are up 18% from the beginning of the year and are trading at €9.205 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 5.74% from the start of the year.
K&S AG follows other major Basic Materials sector earnings this month
K&S AG's report follows an earnings beat by BASF on Friday, February 26, 2021, who reported EPS of €1.1 on revenue of €15.91B, compared to forecasts EPS of €0.7914 on revenue of €15.14B.
Henkel VZO had beat expectations on Wednesday, March 3, 2021 with first quarter EPS of €0.8736 on revenue of €4.77B, compared to forecast for EPS of €0.8214 on revenue of €4.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar