’Reddit is built for this moment’ - Stock soars on crushed earnings
Investing.com - Covenant reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Covenant announced earnings per share of $1.52 on revenue of $311.84. Analysts polled by Investing.com EPS of $1.37 on revenue of $295.6M.
Covenant 's are down 23% and is trading at $30.90 , still down 11.20% from its 52 week high of $34.80 set on Wednesday, July 27, 2022.
Covenant follows other major Industrials sector earnings this month
Covenant's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $3.19 on revenue of $6.57B, EPS of $3.08 on revenue of $6.44B.
Lockheed Martin had missed expectations on Tuesday, July 19, 2022 with second quarter EPS of $1.16 on revenue of $15.45B, for EPS of $1.88 on revenue of $15.98B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar