Investing.com - Nexa Resources reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nexa Resources announced earnings per share of $-0.310 on revenue of $702.6M. Analysts polled by Investing.com anticipated EPS of $0.143 on revenue of $603.16M.
Nexa Resources shares are down 38.76% from the beginning of the year, still down 54.55% from its 52 week high of $10.54 set on April 11.
Nexa Resources follows other major Materials sector earnings this month
Nexa Resources's report follows an earnings beat by Sherwin-Williams on October 25, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on October 20 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar