Investing.com - Fauji Fertilizer Company reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fauji Fertilizer Company announced earnings per share of ₨7.68 on revenue of ₨30.69. Analysts polled by Investing.com anticipated EPS of ₨3.30 on revenue of ₨40.58B.
Fauji Fertilizer Company shares are down 16.97% from the beginning of the year, still down 20.40% from its 52 week high of ₨128.89 set on April 27.
Fauji Fertilizer Company shares gained 0.39% in intra-day trade following the report.
Fauji Fertilizer Company follows other major Materials sector earnings this month
Fauji Fertilizer Company's report follows an earnings beat by ICI Pakistan on Tuesday, who reported EPS of ₨16.4 on revenue of ₨24.30B, compared to forecasts EPS of ₨13.28 on revenue of ₨20,967M.
Fauji Cement Company had beat expectations on Thursday with third quarter EPS of ₨0.94 on revenue of ₨14.70B, compared to forecast for EPS of ₨0.38 on revenue of ₨6,455M.
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