Investing.com - Croda Intl reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Croda Intl announced earnings per share of £1.2 on revenue of £955.6M. Analysts polled by Investing.com anticipated EPS of £126.00 on revenue of £876.00M.
Croda Intl shares are down 13% from the beginning of the year and are trading at £7,246.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 9.32% from the start of the year.
Croda Intl follows other major Materials sector earnings this month
Croda Intl's report follows an earnings beat by Tata Steel DRC on February 4, who reported EPS of £1.06 on revenue of £8.14B, compared to forecasts EPS of £1 on revenue of £7.86B.
Polyus DRC had beat expectations on Tuesday with fourth quarter EPS of £4.21 on revenue of £1.29B, compared to forecast for EPS of £2.05 on revenue of £1.25B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar