Investing.com - Symbotic reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Symbotic announced earnings per share of $-0.100 on revenue of $244.41M. Analysts polled by Investing.com anticipated EPS of $-0.048 on revenue of $152.82M.
Symbotic shares are down 0% from the beginning of the year and are trading at $9.980 , down-from-52-week-high.
Symbotic follows other major Industrials sector earnings this month
Symbotic'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 $2.84 on revenue of $24.29B.
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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