Investing.com - Thyssenkrupp AG (DE:TKAG) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Thyssenkrupp AG announced earnings per share of €0.09 on revenue of €8.68B. Analysts polled by Investing.com anticipated EPS of €0.1475 on revenue of €8.76B.
Thyssenkrupp AG shares are up 3% from the beginning of the year and are trading at €8.426 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 18.87% from the start of the year.
Thyssenkrupp AG follows other major Materials sector earnings this month
Thyssenkrupp AG's report follows an earnings beat by Linde PLC on August 4, who reported EPS of €2.28 on revenue of €6.4B, compared to forecasts EPS of €2.12 on revenue of €6.16B.
BASF had beat expectations on July 28 with second quarter EPS of €2.03 on revenue of €19.75B, compared to forecast for EPS of €1.79 on revenue of €18.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar