Investing.com - Broadwind reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Broadwind announced earnings per share of $-0.090 on revenue of $44.84M. Analysts polled by Investing.com anticipated EPS of $-0.065 on revenue of $46.44M.
Broadwind shares are down 35% from the beginning of the year and are trading at $1.630 , down-from-52-week-high.
Broadwind shares gained 2.52% in intra-day trade the report.
Broadwind follows other major Industrials sector earnings this month
Broadwind's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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