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K&S AG Earnings, Revenue beat in Q1

Published 10/03/2022, 09:15 pm
Updated 10/03/2022, 09:15 pm - 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 €2.81 on revenue of €1.07B. Analysts polled by anticipated EPS of €1.25 on revenue of €942.43M.

K&S AG shares are down 11% from the beginning of the year and are trading at €23.410 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.88% from the start of the year.

K&S AG shares gained 6.41% in intra-day trade the report.

K&S AG follows other major Materials sector earnings this month

K&S AG's report follows an earnings beat by Linde PLC on Thursday, February 10, 2022, who reported EPS of €2.42 on revenue of €7.24B, compared to forecasts EPS of €2.34 on revenue of €6.87B.

BASF had missed expectations on Friday, February 25, 2022 with fourth quarter EPS of €1.17 on revenue of €19.78B, compared to forecast for EPS of €1.29 on revenue of €18.62B.

Stay up-to-date on all of the upcoming earnings reports by visiting's earnings calendar

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