8 out of 11 S&P 500 materials stocks beat EPS estimates this week: Earnings Scorecard

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Earnings season was in its second busiest week, with 11 S&P 500 Materials Sector (XLB [https://seekingalpha.com/symbol/XLB]) companies reporting quarterly results after an already hectic week of earnings.

Quarter-to-date, XLB has fallen 3.2%, while SPY has gained 0.3%.

There are several basic materials sub-sectors, including chemical products, metals and mining, and forestry products, and each has been in focus owing to their relative demand and supply situation, as global growth remains uneven on the back of ongoing geopolitical concerns and shifting trade policies.

In this week's earnings recap, out of the 11 companies that reported, 8 surpassed profit estimates, 2 companies fell short of expectations, and one reported in line. On the revenue side, 7 companies exceeded revenue estimates, while the other 4 companies missed.

BELOW ARE THE LATEST QUARTERLY REPORTS FROM FIVE INDUSTRY GIANTS:

Albemarle (ALB [https://seekingalpha.com/symbol/ALB]) anticipates [https://seekingalpha.com/news/4517456-albemarle-anticipates-300m-400m-positive-free-cash-flow-in-2025-as-cost-actions-surpass] $300M–$400M positive free cash flow in 2025 as cost actions surpass targets. The miner reported a solid quarterly beat.

Air Products and Chemicals (APD [https://seekingalpha.com/symbol/APD]) reported a mixed [https://seekingalpha.com/news/4517046-air-products-and-chemicals-reports-mixed-q4-results-initiates-q1-and-fy-outlook] Q4 print and initiated Q1 and FY outlook.

Eastman (EMN [https://seekingalpha.com/symbol/EMN]) targets a $100M cost reduction in 2026 as recycling revenues ramp up.

Corteva (CTVA [https://seekingalpha.com/symbol/CTVA]) shares rose 4% in extended trading on Tuesday after the agricultural technology company reported [https://seekingalpha.com/news/4515024-corteva-non-gaap-eps-of-0_23-beats-by-0_24-revenue-of-2_59b-beats-by-120m#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews] third-quarter results that topped Wall Street’s expectations and raised its full-year outlook.

Shares of DuPont de Nemours (DD [https://seekingalpha.com/symbol/DD]) fell 7.5% in premarket trading on Thursday after the company [https://seekingalpha.com/news/4517108-duponts-shares-fall-on-lower-profits-chemical-maker-approves-2b-buyback] reported third-quarter results that showed weaker year-over-year earnings and cash flow.

For the next week, some notable companies that will report are Occidental Petroleum (OXY [https://seekingalpha.com/symbol/OXY]), Tyson Foods (TSN [https://seekingalpha.com/symbol/TSN]), Applied Materials (AMT [https://seekingalpha.com/symbol/AMT]), Cisco Systems (CSCO [https://seekingalpha.com/symbol/CSCO]), The Walt Disney Company (DIS [https://seekingalpha.com/symbol/DIS]).

MORE ON THE MATERIALS SELECT SECTOR SPDR® FUND ETF

* XLB: Cost-Efficient Access To Inflation-Hedged Materials [https://seekingalpha.com/article/4818659-xlb-cost-efficient-access-to-inflation-hedged-materials]
* 6 out of 9 S&P 500 materials stocks beat EPS estimates this week: Earnings Scorecard [https://seekingalpha.com/news/4512646-6-out-of-9-sp-500-materials-stocks-beat-eps-estimates-this-week-earnings-scorecard]
* Overbought, oversold, and everything in between as October comes to a close [https://seekingalpha.com/news/4511627-overbought-oversold-and-everything-in-between-as-october-comes-to-a-close]
* Seeking Alpha’s Quant Rating on The Materials Select Sector SPDR® Fund ETF [https://seekingalpha.com/symbol/XLB/ratings/quant-ratings]
* Dividend scorecard for The Materials Select Sector SPDR® Fund ETF [https://seekingalpha.com/symbol/XLB/dividends/scorecard]