Aurubis AG Earnings Miss, Revenue Beats In Q2

Aurubis AG Earnings Miss, Revenue Beats In Q2

May 16, 2020

Aurubis AG reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Aurubis AG announced earnings per share of €1.01 on revenue of €3.04B. Analysts polled by anticipated EPS of €1.19 on revenue of €2.95B. That with comparison to EPS of €2.09 on revenue of €2.74B in the same period a year before. Aurubis AG had reported EPS of €0.54 on revenue of €2.71B in the previous quarter.

Aurubis AG shares are down 32% from the beginning of the year , still down 15.76% from its 52 week high of €58.00 set on December 16, 2019. They are under-performing the OMX Helsinki 25 which is down 16.87% year to date.

Aurubis AG follows other major Basic Materials sector earnings this month

Aurubis AG's report follows an earnings beat by BASF on April 30, who reported EPS of €1.36 on revenue of €16.75B, compared to forecasts EPS of €1.19 on revenue of €15.15B.

Henkel VZO had missed expectations on Monday with first quarter EPS of €1.18 on revenue of €4.93B, compared to forecast for EPS of €1.2 on revenue of €4.96B.

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

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