Investing.com - SID Nacional ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SID Nacional ADR announced earnings per share of 0.1708 on revenue of 2.29B. Analysts polled by Investing.com anticipated EPS of 0.4302 on revenue of 2.44B.
SID Nacional ADR shares are up 33% from the beginning of the year and are trading at 3.940 , down-from-52-week-high.They are outperforming the Nasdaq which is up 22.68% 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 missed by Sherwin-Williams on Tuesday, October 26, 2021, who reported EPS of 2.09 on revenue of 5.15B, compared to forecasts EPS of 2.11 on revenue of 5.09B.
Air Products had beat expectations on Thursday with fourth quarter EPS of 2.51 on revenue of 2.84B, compared to forecast for EPS of 2.49 on revenue of 2.69B.
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