Investing.com - Global Ship Lease reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Global Ship Lease announced earnings per share of $2.38 on revenue of $172.5M. Analysts polled by Investing.com EPS of $1.89 on revenue of $149.62M.
Global Ship Lease 's are down 0.45% and is trading at $18.71 , still down 37.68% from its 52 week high of $30.02 set on Tuesday, March 22, 2022.
Global Ship Lease shares gained 4.23% to trade at $18.71 in intra-day trade the report.
Global Ship Lease follows other major Industrials sector earnings this month
Global Ship Lease's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
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