Investing.com - Marine Products reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marine Products announced earnings per share of $0.34 on revenue of $100.06. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $79.1M.
Marine Products shares are up 103.3% from the beginning of the year and are trading at $8.91 , down-from-52-week-high.
Marine Products follows other major Consumer Discretionary sector earnings this month
Marine Products's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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