Investing.com - ABB ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ABB ADR announced earnings per share of $0.19 on revenue of $7.41. Analysts polled by Investing.com anticipated EPS of $0.38 on revenue of $7.39B.
ABB ADR shares are down 30.15% from the beginning of the year and are trading at $26.66 , down-from-52-week-high.
ABB ADR follows other major Industrials sector earnings this month
ABB ADR's report follows an earnings missed by Lockheed Martin on Tuesday, July 19, 2022, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Cintas had beat expectations on Wednesday, September 28, 2022 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.
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