Investing.com - YFY reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
YFY announced earnings per share of 0.31 on revenue of 20.07B. Analysts polled by Investing.com anticipated EPS of 0.02 on revenue of 18.33B.
YFY shares are down 16% from the beginning of the year, still down 37.13% from its 52 week high of 38.65 set on September 28, 2021. They are under-performing the S&P CLX IPSA which is up 25.77% from the start of the year.
YFY follows other major Materials sector earnings this month
YFY's report follows an earnings missed by China Steel Pref on Wednesday, who reported EPS of 0.65 on revenue of 133.6B, compared to forecasts EPS of 0.6589 on revenue of 132.79B.
Formosa Plastics had beat expectations on Wednesday with second quarter EPS of 3.33 on revenue of 73.92B, compared to forecast for EPS of 2.84 on revenue of 71.41B.
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