Investing.com - Kaiser reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kaiser announced earnings per share of $0.16 on revenue of $748.90. Analysts polled by Investing.com anticipated EPS of $-0.31 on revenue of $731.93M.
Kaiser shares are down 2% from the beginning of the year and are trading at $75.83 , down-from-52-week-high.
Kaiser follows other major Materials sector earnings this month
Kaiser's report follows an earnings missed by Freeport-McMoran on Thursday, who reported EPS of $0.26 on revenue of $5B, compared to forecasts EPS of $0.32 on revenue of $5.37B.
Nucor had missed expectations on Thursday with third quarter EPS of $6.5 on revenue of $10.5B, compared to forecast for EPS of $6.77 on revenue of $10.03B.
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