Investing.com - Ideanomics reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ideanomics announced earnings per share of $-0.080 on revenue of $24.28M. Analysts polled by Investing.com EPS of $-0.070 on revenue of $80.5M.
Ideanomics 's are up 86.39% and is trading at $0.217 , still down 89.67% from its 52 week high of $2.10 set on Monday, November 15, 2021.
Ideanomics follows other major Industrials sector earnings this month
Ideanomics'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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