Investing.com - Symrise AG reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Symrise AG announced earnings per share of €1.64 on revenue of €1.17B. Analysts polled by Investing.com anticipated EPS of €0.84 on revenue of €1.13B.
Symrise AG shares are down 12% from the beginning of the year, still down 13.76% from its 52 week high of €132.65 set on November 22, 2021. They are under-performing the STOXX 600 which is down 10.6% from the start of the year.
Symrise AG follows other major Materials sector earnings this month
Symrise AG's report follows an earnings beat by Linde PLC on July 28, who reported EPS of €3.05 on revenue of €8.33B, compared to forecasts EPS of €2.87 on revenue of €8.13B.
BASF had beat expectations on July 27 with second quarter EPS of €2.37 on revenue of €22.97B, compared to forecast for EPS of €1.94 on revenue of €21.96B.
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