Investing.com - Grindrod Shipping reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Grindrod Shipping announced earnings per share of $1.44 on revenue of $107.2M. Analysts polled by Investing.com EPS of $1.83 on revenue of $106.23M.
Grindrod Shipping 's are up 43% and is trading at $25.85 , still down 10.73% from its 52 week high of $28.98 set on Friday, May 20, 2022.
Grindrod Shipping shares lost 0.08% to trade at $25.85 in after-hours trade the report.
Grindrod Shipping follows other major Industrials sector earnings this month
Grindrod Shipping'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 $2.84 on revenue of $24.29B.
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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar