Investing.com - Planet Labs PBC reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Planet Labs PBC announced earnings per share of $-0.07 on revenue of $48.45M. Analysts polled by Investing.com anticipated EPS of $-0.135 on revenue of $42.4M.
Planet Labs PBC shares are down 43% from the beginning of the year and are trading at $5.42 , down-from-52-week-high.
Planet Labs PBC follows other major Industrials sector earnings this month
Planet Labs PBC's report follows an earnings missed by Deere&Company on Friday, August 19, 2022, who reported EPS of $6.16 on revenue of $13B, compared to forecasts EPS of $6.65 on revenue of $12.93B.
COSCO SHIPPING ADR had matched expectations on Tuesday, August 30, 2022 with third quarter EPS of $1.67 on revenue of $15.25B, compared to forecast for EPS of $1.67 on revenue of $15.26B.
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