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Covestro 10/27/2023 Earnings Report

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$32.48 +0.53 (+1.66%)
As of 03:51 PM Eastern

Covestro EPS Results

Actual EPS
-$0.09
Consensus EPS
-$0.06
Beat/Miss
Missed by -$0.03
One Year Ago EPS
N/A

Covestro Revenue Results

Actual Revenue
$3.88 billion
Expected Revenue
$4.04 billion
Beat/Miss
Missed by -$161.35 million
YoY Revenue Growth
N/A

Covestro Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Upcoming Earnings

Covestro's next earnings date is estimated for Tuesday, April 29, 2025, based on past reporting schedules.

Conference Call Resources

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Covestro Earnings Headlines

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About Covestro

Covestro (OTCMKTS:COVTY) supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including polycarbonates, precursors for coatings and adhesives, MDI specialties and polyols, thermoplastic polyurethanes, specialty films, and elastomers that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for solar panel frames, laptops, floodlights, and electric vehicle batteries. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

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