Investing.com - DS Smith reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
DS Smith announced earnings per share of £0.08 on revenue of £3.09B. Analysts polled by Investing.com anticipated EPS of £12.65 on revenue of £2,820M.
DS Smith shares are up 13% from the beginning of the year and are trading at £425.00 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 14.38% from the start of the year.
DS Smith follows other major Materials sector earnings this month
DS Smith's report follows an earnings missed by Johnson Matthey on May 27, who reported EPS of £0.94 on revenue of £8.69B, compared to forecasts EPS of £109.53 on revenue of £2,074M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar