Investing.com - Koninklijke DSM reported on Tuesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Koninklijke DSM announced earnings per share of €1.01 on revenue of €2.08B. Analysts polled by Investing.com anticipated EPS of €1.01 on revenue of €1.98B.
Koninklijke DSM shares are up 6% from the beginning of the year and are trading at €149.30 , down-from-52-week-high.They are under-performing the AEX which is up 10.03% from the start of the year.
Koninklijke DSM shares gained 2.19% in intra-day trade following the report.
Koninklijke DSM follows other major Basic Materials sector earnings this month
Koninklijke DSM's report follows an earnings beat by ArcelorMittal on Thursday, who reported EPS of €0.8243 on revenue of €11.69B, compared to forecasts EPS of €-0.0064 on revenue of €13.09B.
Aperam had beat expectations on Wednesday, February 10, 2021 with fourth quarter EPS of €1.28 on revenue of €916M, compared to forecast for EPS of €0.5 on revenue of €953M.
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