Investing.com - Ball reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ball announced earnings per share of $0.89 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $0.77 on revenue of $3.01B.
Ball shares are up 3% from the beginning of the year and are trading at $94.11 , down-from-52-week-high.They are under-performing the S&P 500 which is up 6.58% from the start of the year.
Ball follows other major Basic Materials sector earnings this month
Ball's report follows an earnings beat by Sherwin-Williams on October 27, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.79 on revenue of $5.07B.
Vale ADR had missed expectations on October 28 with third quarter EPS of $0.63 on revenue of $10.76B, compared to forecast for EPS of $0.64 on revenue of $10.81B.
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