Investing.com - Loma Negra ADR reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Loma Negra ADR announced earnings per share of 0.2324 on revenue of 166.02M. Analysts polled by Investing.com anticipated EPS of 0.2479 on revenue of 178.42M.
Loma Negra ADR shares are down 16.79% from the beginning of the year and are trading at 5.550 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Loma Negra ADR follows other major Materials sector earnings this month
Loma Negra ADR's report follows an earnings beat by Vale ADR on April 27, who reported EPS of 0.93 on revenue of 10.81B, compared to forecasts EPS of 0.838 on revenue of 11.66B.
Sherwin-Williams had beat expectations on April 26 with first quarter EPS of 1.61 on revenue of 5B, compared to forecast for EPS of 1.54 on revenue of 4.91B.
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