Investing.com - Thyssenkrupp AG (DE:TKAG) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Thyssenkrupp AG announced earnings per share of €-5.75 on revenue of €7.26B. Analysts polled by Investing.com anticipated EPS of €-2.01 on revenue of €7.01B.
Thyssenkrupp AG shares are down 60% from the beginning of the year and are trading at €4.737 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 6.79% from the start of the year.
Thyssenkrupp AG follows other major Basic Materials sector earnings this month
Thyssenkrupp AG's report follows an earnings beat by BASF on October 28, who reported EPS of €0.6 on revenue of €13.81B, compared to forecasts EPS of €0.02 on revenue of €13.81B.
Henkel VZO had beat expectations on November 10 with third quarter EPS of €1.5 on revenue of €5B, compared to forecast for EPS of €1.32 on revenue of €4.92B.
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