Investing.com - Purecycle Technologies Holdings reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Purecycle Technologies Holdings announced earnings per share of $-0.21 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.12 on revenue of $0.00.
Purecycle Technologies Holdings shares are down 16.92% from the beginning of the year and are trading at $6.29 , down-from-52-week-high.
Purecycle Technologies Holdings shares lost 12.47% in intra-day trade following the report.
Purecycle Technologies Holdings follows other major Materials sector earnings this month
Purecycle Technologies Holdings's report follows an earnings missed by Air Liquide ADR on Tuesday, October 25, 2022, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.6056 on revenue of $7.25B.
Vale ADR had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.6671 on revenue of $10.74B.
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