Investing.com - Global Ship Lease reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Global Ship Lease announced earnings per share of $2.38 on revenue of $172.5M. Analysts polled by Investing.com anticipated EPS of $1.89 on revenue of $149.62M.
Global Ship Lease shares are down 0.45% from the beginning of the year and are trading at $18.71 , down-from-52-week-high.
Global Ship Lease shares gained 4.23% in intra-day trade after the report.
Global Ship Lease follows other major Industrials sector earnings this month
Global Ship Lease's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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