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Investing.com - Acco Brands reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Acco Brands announced earnings per share of $0.250 on revenue of $485.6M. Analysts polled by Investing.com EPS of $0.401 on revenue of $522.07M.
Acco Brands 's are up 100% and is trading at $4.810 , still down 49.37% from its 52 week high of $9.50 set on Monday, November 8, 2021.
Acco Brands follows other major Industrials sector earnings this month
Acco Brands'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, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $16.95B, for EPS of $1.14 on revenue of $17.31B.
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