Investing.com - SID Nacional ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SID Nacional ADR announced earnings per share of 0.2563 on revenue of 2.08B. Analysts polled by Investing.com anticipated EPS of 0.2461 on revenue of 2.06B.
SID Nacional ADR shares are up 24.77% from the beginning of the year and are trading at 5.540 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
SID Nacional ADR follows other major Materials sector earnings this month
SID Nacional ADR's report follows an earnings beat by Vale ADR on Thursday, February 24, 2022, who reported EPS of 1.07 on revenue of 13.11B, compared to forecasts EPS of 0.8008 on revenue of 12.63B.
Newmont Goldcorp had beat expectations on Thursday, February 24, 2022 with fourth quarter EPS of 0.78 on revenue of 3.39B, compared to forecast for EPS of 0.7677 on revenue of 3.35B.
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