Basf-Strength Seen in BASF (BASFY): Can Its 9.6% Jump Turn into More Strength?

Group 1: BASF SE Overview - BASF SE shares increased by 9.6% to close at $11.81, following a notable trading volume, contrasting with a 23.2% loss over the past four weeks [1] - The rally in BASF's stock is attributed to a surge in material stocks after President Trump announced a 90-day pause on reciprocal tariffs for most countries [1] Group 2: Earnings Expectations - BASF is expected to report quarterly earnings of$ 0.38 per share, reflecting a year-over-year decline of 17.4%, with revenues projected at $18.77 billion, down 1.5% from the previous year [2] - The consensus EPS estimate for BASF has been revised 4.8% higher in the last 30 days, indicating a potential for price appreciation [3] Group 3: Industry Context - BASF is part of the Zacks Chemical - Diversified industry, where another company, Compass Minerals, saw a 5.5% increase in its stock price, closing at$ 9.91, despite a -9.3% return over the past month [3] - Compass Minerals has an unchanged EPS estimate of $0.39 for its upcoming report, representing a significant decline of 73.8% from the previous year [4]