Investing.com - K&S AG reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
K&S AG announced earnings per share of 1.47 on revenue of 733.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of 0.0974 on revenue of 717.25M.
K&S AG shares are up 30% from the beginning of the year and are trading at 10.342 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.42% 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 Wednesday, April 28, 2021, who reported EPS of 2 on revenue of 19.4B, compared to forecasts EPS of 1.98 on revenue of 17.27B.
Henkel VZO had beat expectations on Thursday, May 6, 2021 with first quarter EPS of 1.27 on revenue of 4.97B, compared to forecast for EPS of 1.25 on revenue of 4.86B.
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