Investing.com - Helbiz reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Helbiz announced earnings per share of $-0.45 on revenue of $3.68M. Analysts polled by Investing.com anticipated EPS of $-0.23 on revenue of $14.6M.
Helbiz shares are down 30% from the beginning of the year and are trading at $0.22 , down-from-52-week-high.
Helbiz follows other major Industrials sector earnings this month
Helbiz'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 $2.84 on revenue of $24.29B.
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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