Gold prices hold sharp gains as soft US jobs data fuels Fed rate cut bets
Investing.com - Barnes reported on Friday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Barnes announced earnings per share of $0.49 on revenue of $315.00. Analysts polled by Investing.com EPS of $0.49 on revenue of $328.89M.
Barnes 's are down 10.54% and is trading at $35.22 , still down 27.81% from its 52 week high of $48.79 set on Wednesday, January 5, 2022.
Barnes follows other major Industrials sector earnings this month
Barnes's report follows an earnings beat by United Parcel Service on Tuesday, 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 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