Investing.com - Aurubis AG reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aurubis AG announced earnings per share of €1.32 on revenue of €3.46B. Analysts polled by Investing.com anticipated EPS of €1.42 on revenue of €3.56B.
Aurubis AG shares are down 6% from the beginning of the year and are trading at €68.320 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 2.61% from the start of the year.
Aurubis AG follows other major Basic Materials sector earnings this month
Aurubis AG's report follows an earnings matched by Stabilus on Monday, who reported EPS of €0.68 on revenue of €235.4M, compared to forecasts EPS of €0.68 on revenue of €235.4M.
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