Investing.com - K+S AG reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
K+S AG announced earnings per share of €0.13 on revenue of €840.1M. Analysts polled by Investing.com anticipated EPS of €-0.24 on revenue of €839.04M.
K+S AG shares are down 50.85% from the beginning of the year and are trading at €6.282 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.42% 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, July 29, 2020, who reported EPS of €0.25 on revenue of €12.68B, compared to forecasts EPS of €-0.06 on revenue of €12.31B.
Henkel VZO had missed expectations on Wednesday, August 5, 2020 with second quarter EPS of €0.55 on revenue of €4.56B, compared to forecast for EPS of €0.9 on revenue of €4.56B.
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