Powell’s speech, Nvidia’s chips, Meta deal - what’s moving markets
Investing.com - ESAB Corp reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ESAB Corp announced earnings per share of $0.92 on revenue of $620.27M. Analysts polled by Investing.com EPS of $0.85 on revenue of $585.48M.
ESAB Corp 's are down 39.61% and is trading at $36.09 , still down 33.09% from its 52 week high of $58.08 set on Wednesday, April 13, 2022.
ESAB Corp shares lost 7.13% to trade at $36.09 in pre-market trade the report.
ESAB Corp follows other major Industrials sector earnings this month
ESAB Corp'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