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Investing.com - ADS reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ADS announced earnings per share of $1.80 on revenue of $884.2M. Analysts polled by Investing.com EPS of $1.89 on revenue of $925.05M.
ADS 's are down 39.61% and is trading at $102.69 , still down 26.02% from its 52 week high of $153.36 set on Tuesday, August 16, 2022.
ADS shares lost 9.48% to trade at $102.69 in pre-market trade the report.
ADS follows other major Industrials sector earnings this month
ADS's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, 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 $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar