Investing.com - Loma Negra ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Loma Negra ADR announced earnings per share of 0.0556 on revenue of 146.18M. Analysts polled by Investing.com anticipated EPS of 0.1708 on revenue of 155.36M.
Loma Negra ADR shares are down 0% from the beginning of the year and are trading at 5.64 , down-from-52-week-high.They are outperforming the PSI 20 which is down 2.76% from the start of the year.
Loma Negra ADR follows other major Capital Goods sector earnings this month
Loma Negra ADR's report follows an earnings beat by Deere&Company on February 19, who reported EPS of 3.87 on revenue of 8.05B, compared to forecasts EPS of 2.17 on revenue of 7.21B.
Cemex ADR had missed expectations on February 12 with fourth quarter EPS of 0.01 on revenue of 3.54B, compared to forecast for EPS of 0.035 on revenue of 3.36B.
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