Investing.com – Fauji Cement Company reported on Tuesday first quarter that missed analysts’ forecasts and revenue that was inline with expectations.
Fauji Cement Company announced earnings per share of 0.4 on revenue of 9.11B. Analysts polled by Investing.com anticipated EPS of 0.4467 on revenue of 9.11B.
Fauji Cement Company shares are down 24% from the beginning of the year, still down 29.83% from its 52 week high of 22.09 set on November 2, 2021.
Fauji Cement Company follows other major Materials sector earnings this month
Fauji Cement Company’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.
Fatima Fertilizer Company had matched expectations on August 26 with second quarter EPS of 0.07 on revenue of 33.17B, compared to forecast for EPS of 0.07 on revenue of 33.17B.
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