Investing.com - Thyssenkrupp AG (DE:TKAG) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Thyssenkrupp AG announced earnings per share of €-0.80 on revenue of €8.58B. Analysts polled by Investing.com anticipated EPS of €-0.09 on revenue of €7.94B.
Thyssenkrupp AG shares are up 30% from the beginning of the year and are trading at €10.570 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.42% from the start of the year.
Thyssenkrupp AG follows other major Basic Materials sector earnings this month
Thyssenkrupp 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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