Investing.com - Ameresco reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ameresco announced earnings per share of $0.54 on revenue of $441.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $0.47 on revenue of $421.34M.
Ameresco shares are down 58% from the beginning of the year and are trading at $60.00 , down-from-52-week-high.
Ameresco shares lost 0.13% in after-hours trade after the report.
Ameresco follows other major Industrials sector earnings this month
Ameresco'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.
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