Investing.com - Nexa Resources reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nexa Resources announced earnings per share of $0.82 on revenue of $686M. Analysts polled by Investing.com anticipated EPS of $0.4469 on revenue of $656.5M.
Nexa Resources shares are down 10.27% from the beginning of the year and are trading at $8.610 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Nexa Resources shares lost 0.46% in after-hours trade following the report.
Nexa Resources follows other major Basic Materials sector earnings this month
Nexa Resources's report follows an earnings beat by POSCO on Thursday, July 22, 2021, who reported EPS of $4.5 on revenue of $15.91B, compared to forecasts EPS of $3.32 on revenue of $15.51B.
OMV AG PK had beat expectations on Wednesday with second quarter EPS of $2.32 on revenue of $8.57B, compared to forecast for EPS of $2.01 on revenue of $8.6B.
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