Investing.com - Orion Engineered Carbons reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Orion Engineered Carbons announced earnings per share of $0.57 on revenue of $543.1M. Analysts polled by Investing.com EPS of $0.56 on revenue of $504.53M.
Orion Engineered Carbons 's are down 12% and is trading at $15.35 , still down 26.87% from its 52 week high of $20.99 set on Friday, November 5, 2021.
Orion Engineered Carbons follows other major Materials sector earnings this month
Orion Engineered Carbons's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $2.83 on revenue of $6.05B, for EPS of $2.59 on revenue of $5.81B.
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