Investing.com – Maple Leaf Cement Factory reported on Tuesday first quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Maple Leaf Cement Factory announced earnings per share of 0.21 on revenue of 14.43B. Analysts polled by Investing.com anticipated EPS of 0.81 on revenue of 15.26B.
Maple Leaf Cement Factory shares are up 16% from the beginning of the year, still down 31.67% from its 52 week high of 41.80 set on September 6, 2021. They are outperforming the South Africa Top 40 which is down 9.24% from the start of the year.
Maple Leaf Cement Factory follows other major Materials sector earnings this month
Maple Leaf Cement Factory’s report follows an earnings matched by Engro Corporation on August 23, who reported EPS of -0.97 on revenue of 89.12B, compared to forecasts EPS of -0.97 on revenue of 89.12B.
Engro Polymer & Chemicals had beat expectations on August 11 with second quarter EPS of 2.28 on revenue of 22.28B, compared to forecast for EPS of 2.12 on revenue of 21.1B.
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