Investing.com - Ferroglobe reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ferroglobe announced earnings per share of $0.640 on revenue of $593.22M. Analysts polled by Investing.com anticipated EPS of $0.680 on revenue of $694.85M.
Ferroglobe shares are down 78% from the beginning of the year , still down 38.94% from its 52 week high of $9.81 set on Monday, March 7, 2022.
Ferroglobe follows other major Materials sector earnings this month
Ferroglobe's report follows an earnings missed by Air Liquide ADR on Tuesday, October 25, 2022, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.5954 on revenue of $7.46B.
Vale ADR had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.5594 on revenue of $10.15B.
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