Investing.com - Suzhou Maxwell reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Suzhou Maxwell announced earnings per share of ¥1.67 on revenue of ¥1.26. Analysts polled by Investing.com anticipated EPS of ¥1.30 on revenue of ¥1.34B.
Suzhou Maxwell shares are down 33% from the beginning of the year and are trading at ¥491.00 , down-from-52-week-high.
Suzhou Maxwell follows other major Industrials sector earnings this month
Suzhou Maxwell's report follows an earnings beat by Amperex Tech A on Saturday, who reported EPS of ¥3.86 on revenue of ¥97.37B, compared to forecasts EPS of ¥3.52 on revenue of ¥72.2B.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, compared to forecast for EPS of ¥0.5242 on revenue of ¥9.54B.
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