Investing.com - Suzano Papel ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Suzano Papel ADR announced earnings per share of $1.32 on revenue of $1.89B. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $2.03B.
Suzano Papel ADR shares are up 13.93% from the beginning of the year and are trading at $10.81 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Suzano Papel ADR follows other major Materials sector earnings this month
Suzano Papel ADR's report follows an earnings missed by Air Liquide ADR on Thursday, July 29, 2021, who reported EPS of $0.6245 on revenue of $6.55B, compared to forecasts EPS of $0.6251 on revenue of $6.48B.
Nutrien had missed expectations on Monday with second quarter EPS of $2.08 on revenue of $9.54B, compared to forecast for EPS of $2.09 on revenue of $9.62B.
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