Investing.com - Team reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Team announced earnings per share of $-0.550 on revenue of $218.34M. Analysts polled by Investing.com anticipated EPS of $-0.010 on revenue of $267.3M (NYSE:MMM).
Team shares are down 48.09% from the beginning of the year and are trading at $0.768 , down-from-52-week-high.
Team follows other major Industrials sector earnings this month
Team'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 $2.86 on revenue of $24.4B.
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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar