Investing.com - SID Nacional ADR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SID Nacional ADR announced earnings per share of 0.9375 on revenue of 3.02B. Analysts polled by Investing.com anticipated EPS of 0.8627 on revenue of 2.93B.
SID Nacional ADR shares are up 27% from the beginning of the year and are trading at 8.900 , down-from-52-week-high.They are outperforming the IBEX 35 which is up 8.2% from the start of the year.
SID Nacional ADR follows other major Basic Materials sector earnings this month
SID Nacional ADR'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 2.33 on revenue of 8.59B, compared to forecast for EPS of 2.01 on revenue of 8.6B.
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