Investing.com - Tata Motors ADR reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Tata Motors ADR announced earnings per share of -0.1 on revenue of 7.26B. Analysts polled by Investing.com anticipated EPS of -0.26 on revenue of 7.19B.
Tata Motors ADR shares are down 30.94% from the beginning of the year and are trading at 8.93 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Tata Motors ADR follows other major Consumer Cyclical sector earnings this month
Tata Motors ADR's report follows an earnings beat by Tesla on Wednesday, October 21, 2020, who reported EPS of 0.76 on revenue of 8.77B, compared to forecasts EPS of 0.57 on revenue of 8,435M.
Illinois Tool Works had beat expectations on Friday with third quarter EPS of 1.83 on revenue of 3.31B, compared to forecast for EPS of 1.47 on revenue of 2.98B.
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