Investing.com - Barrett reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Barrett announced earnings per share of $2.45 on revenue of $273.8M. Analysts polled by Investing.com anticipated EPS of $2.32 on revenue of $268.67M.
Barrett shares are down 37% from the beginning of the year and are trading at $89.47 , down-from-52-week-high.
Barrett follows other major Industrials sector earnings this month
Barrett'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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