Investing.com - Baoshan Iron & Steel reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Baoshan Iron & Steel announced earnings per share of ¥0.07 on revenue of ¥94.94. Analysts polled by Investing.com EPS of ¥0.17 on revenue of ¥78.6B.
Baoshan Iron & Steel 's are down 29% and is trading at ¥5.07 , still down 35.98% from its 52 week high of ¥7.92 set on Friday, February 11, 2022.
Baoshan Iron & Steel follows other major Materials sector earnings this month
Baoshan Iron & Steel's report follows an earnings missed by Wanhua Chemical on Tuesday, who reported EPS of ¥1.03 on revenue of ¥41.30B, EPS of ¥1.65 on revenue of ¥43.38B.
Rongsheng A had missed expectations on Wednesday with third quarter EPS of ¥0.01 on revenue of ¥77.49B, for EPS of ¥0.3396 on revenue of ¥75.49B.
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