0549 GMT - Saint-Gobain posted a good start to the year, with first-quarter revenue ahead of consensus estimates, JP Morgan analysts say in a research note. The French building-materials company posted revenue 1% ahead of views. The analysts revise estimates slightly lower on account of foreign exchange rates, but say the risks are skewed to the upside on 8volume and pricing expectations. Like-for-like expectations increase to 1.7% from 1.5% with potential upside, they add. "Overall we would expect a positive share-price reaction," JP Morgan says. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
April 25, 2025 01:49 ET (05:49 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.