Investing.com - The Navigator reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
The Navigator announced earnings per share of €0.07 on revenue of €492.2M. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €488.25M.
The Navigator shares are up 19% from the beginning of the year, still down 5.42% from its 52 week high of €4.24 set on May 24. They are outperforming the PSI which is up 10.29% from the start of the year.
The Navigator follows other major Materials sector earnings this month
The Navigator's report follows an earnings missed by Corticeira Amorim on May 3, who reported EPS of €0.15 on revenue of €263.5M, compared to forecasts EPS of €0.19 on revenue of €246.25M.
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