Investing.com - Mayville Engineering reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Mayville Engineering announced earnings per share of $0.32 on revenue of $136.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $0.22 on revenue of $137.12M.
Mayville Engineering shares are down 0% from the beginning of the year and are trading at $7.00 , down-from-52-week-high.
Mayville Engineering follows other major Industrials sector earnings this month
Mayville Engineering's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar