Investing.com - Lear reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lear announced earnings per share of $2.33 on revenue of $5.2B. Analysts polled by Investing.com anticipated EPS of $2.19 on revenue of $5.17B.
Lear shares are down 45.38% from the beginning of the year and are trading at $138.71 , down-from-52-week-high.
Lear follows other major Consumer Discretionary sector earnings this month
Lear's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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