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Investing.com - Fortress Transport Infrast reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fortress Transport Infrast announced earnings per share of $-0.12 on revenue of $230.37. Analysts polled by Investing.com EPS of $0.39 on revenue of $150.77M.
Fortress Transport Infrast 's are down 18% and is trading at $16.30 , still down 36.40% from its 52 week high of $25.77 set on Tuesday, December 28, 2021.
Fortress Transport Infrast shares lost 0.55% to trade at $16.30 in after-hours trade the report.
Fortress Transport Infrast follows other major Industrials sector earnings this month
Fortress Transport Infrast'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.
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